7517 Erath Street
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 |
|---|---|---|---|
| Feb 1, 2022 | Sold | ||
| Sold | |||
| Dec 22, 2021 | Listed by REALM Real Estate Professional | $269,000 | |
| Listed by REALM Real Estate Professional | |||
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Welcome to 7517 Erath! This home is stunning! Updated from entry to exit. MUST SEE! Amazing location. Walking distance to Mason Park and near Gus Wortham Golf Course. Less than 15 minutes to Downtown. Don't miss your opportunity to become the new owner of this delightful 3-bedroom bungalow!
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| Feb 17, 2020 | Sold | ||
| Sold | |||
| Aug 17, 2019 | Listed by Realty Associates | $175,000 | |
| Listed by Realty Associates | |||
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build 1942 come live in a well sought area area had no flood during Harvey walking distance to Mason Park with bike trails call your Realtor today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017