54 Mountain Road
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 |
|---|---|---|---|
| May 14, 2025 | Sold | ||
| Sold | |||
| Apr 11, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Relisted | $375,000 | |
| Relisted | |||
| Mar 25, 2025 | In contract | - | |
| In contract | |||
| Mar 19, 2025 | Listed | $375,000 | |
| Listed | |||
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Welcome to Erving! One of the few remaining towns to have exceptionally low taxes, free town sewer, free trash pickup, tons of community and senior activities, plus direct access to Route 2, and so much more! Nestled in this charming and sought-after community, you’ll find this updated and well-maintained split-entry home, that is completely move-in ready! Everything has already been done for you, including a renovated kitchen w/ ss appliances, pantry, and island, new roof, new flooring throughout, custom window seat and built-ins added, finished basement, and more! Additionally, this beautiful property has a spacious yard, large deck with bbq cabana and electric awning, detached two-car garage, two storage sheds, above-ground Kayak pool, and repaved driveway. Whether you’re looking for a starter home or it’s time to downsize, all that’s left to do is move your stuff in and enjoy the Erving life! See attached documents for a list of recent updates and more about living in Erving.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017