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53 ERIC DRIVE
About This Property
bedrooms, dining room, and a cafe area with a pantry niche in a
wall of cabinets. Tile throughout house, bedrooms have wood flooring. The primary bedroom suite offers two spacious walk-in closets, dual
vanities, and an oversized walk-in shower, which has a built-in bench. Standard size lot
with plenty of space outside for a pool. Block shed on the lot. Driveway, garage, and back patio have epoxy floor. walkway from driveway to front door is 2ft wider than standard. Appliances convey along with clothes dryer. Additionally, living room includes a sofa-bed and loveseat
recliner and 2 tables. House comes with external Ring cameras. Manicured lawn, landscape and sprinkler system.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 10, 2026 | Price Increased |
$519,900
↑ $900
(0.2%) | |
| Price Increased | |||
| Sep 18, 2026 | Price Decreased |
$519,000
↓ $20K
(3.7%) | |
| Price Decreased | |||
| Jul 27, 2026 | Listed by FLAGLER REALTY PROFESSIONALS LLC | $539,000 | |
| Listed by FLAGLER REALTY PROFESSIONALS LLC | |||
| Jul 10, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017