634 Erica St
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 3, 2020 | No longer available | - | |
| No longer available | |||
| Apr 11, 2020 | Listed | $595,000 | |
| Listed | |||
| | |||
|
Perfect for someone who would like to live in one unit and rent the others.The main unit has 3 bedrooms 1.5 bathrooms. Garage is coverted to a one-bedroom unit. They have fully fenced yard, Seperated entrance, private interior laundry, and assigned parking spaces. Tons of potential in the yard space. Everything else has been upgraded feels like new.
| |||
| Apr 27, 2018 | Sold | ||
| Sold | |||
| Mar 9, 2018 | Listed by HomeSmart Realty West | $479,900 | |
| Listed by HomeSmart Realty West | |||
| Dec 29, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017