535 Erma Drive
About This Property
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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%.
How much can I actually make?
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 |
|---|---|---|---|
| Jul 28, 2022 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by Century 21 Circle - Aurora | $285,000 | |
| Listed by Century 21 Circle - Aurora | |||
| Jun 14, 2022 | No longer available | - | |
| No longer available | |||
| Jun 5, 2022 | Price Decreased |
$300,000
↓ $25K
(7.7%) | |
| Price Decreased | |||
| May 24, 2022 | Listed by Keller Williams Experience | $325,000 | |
| Listed by Keller Williams Experience | |||
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Welcome to your new home! This well maintained 3 bed/3 bath ranch home has everything you are looking for in your own private oasis. Fully fenced yard with a garage and workroom in the backyard. Private deck off the master with a beautiful pergola. There is a wood burning fireplace to cozy up to in the winter months in the living room, a large eat-in kitchen and a fully finished basement with a wet bar and another wood burning fireplace. There is a full bath and a multi purpose room that could be used as an office or 4th bedroom if you need extra space in the basement. This home is also completely wheelchair accessible with ramps, chair lifts, ceiling lifts, grab bars, and extra wide hall/doorways. Lake Holiday is a wonderful community surrounding a 328 acre man-made lake that offers something for everyone; boating, tubing, and fishing top the list, but there are also 2 swimming beaches, picnic areas, playgrounds, and dog and skate parks. Roof 2019, fence 2018, back deck and pergola were redone in 2019, 2021 new ejector pump, and WH is from 2015. Schedule your showing today! The manager has listed the unit size as 1664 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017