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68 ERIC 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 |
|---|---|---|---|
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Aug 10, 2026 | Price Decreased |
$498,800
↓ $100
(0%) | |
| Price Decreased | |||
| Jul 1, 2026 | Price Decreased |
$498,900
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Jun 17, 2026 | Listed by EAZ REALTY LLC | $499,999 | |
| Listed by EAZ REALTY LLC | |||
| |||
|
Virtually Staged. Under Construction. Pending - Taking Backups. ASK AGENT ABOUT THE EXCEPTIONAL INCENTIVES!! NO ORIGINATION FEES - NO APPLICATION FEES, With our approved lender. UP TO $55,000 UPGRADES INCLUDED!! Where affordable luxury meets thoughtful design! This beautifully crafted Bellagio model offers 4 spacious bedrooms, including a generous in-law suite, and 3 full baths--ideal for modern, multi-generational living. Features include a 2-car garage, large laundry room, LVP flooring, and a designer kitchen with sleek black stainless steel appliances. The open-concept layout flows to a covered lanai, perfect for relaxing or entertaining. High-end finishes and practical elegance blend seamlessly, delivering space, style, and value. The well and irrigation system will also save you thousands each month! Located near shopping, schools, beaches, walking paths, community center with pickleball, and more! Pictures are from 20 Essington Lane, Palm Coast FL.
| |||
| Jun 6, 2026 | Price Decreased |
$499,999
↓ $20K
(3.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017