6200 ERMAN COURT
About This Property
This spacious 5-bedroom, 3-bath, 3-level colonial with a full basement offers the perfect canvas for your next project. Major system upgrades are already complete, including a new roof (2 years old), new HVAC (2 years old), new windows (2 years old), plus two fully renovated full bathrooms - significantly reducing your renovation scope and boosting long-term value. With updated comps reaching $900K+, the potential here is outstanding. Located in the highly desirable Lake Braddock Secondary School pyramid and just seconds from Rolling Valley Mall, Burke Towne Center, Safeway, Glory Days Grill, and more, this home sits in one of the most convenient pockets of Burke. An ideal opportunity for investors, renovators, or homeowners looking to customize a property and position it perfectly for the Spring 2026 market.
Please submit all offers - including those received early or over the weekend - by Sunday night, 12/07, for review and response on Monday, 12/08.
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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.
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About Burke
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017