7567 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 |
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| Feb 26, 2024 | Sold | ||
| Sold | |||
| Jan 20, 2024 | In contract | - | |
| In contract | |||
| Nov 10, 2023 | Listed by Texas United Realty | $287,000 | |
| Listed by Texas United Realty | |||
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Step into the comfort and style of this charming home nestled in a prime location near the heart of city living. The character of this residence boasts a vibrant interior with a cozy ambiance and a sense of openness. The two well-appointed bedrooms offer a peaceful retreat and the living space doesn't end indoors—step outside and discover an outdoor bonus room, a versatile space that invites creativity and relaxation. Owner uses bonus room as an Airbnb, and it has many other uses for its new owner. Whether you envision the bonus room as a private office, an art studio, or a serene meditation space, this outdoor haven adds an extra layer of charm to your home. Home also features beautiful wood floors, a large kitchen with granite countertops, PEX plumbing, a great covered back patio that's perfect for entertaining, and a screened back door leading to a large private backyard. Washer/Dryer/Frig & Mid Century Armoire stays with home! Don't miss out! Request your tour today!!
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| May 28, 2020 | Sold | ||
| Sold | |||
| Mar 17, 2020 | Listed by Coldwell Banker United, | $195,000 | |
| Listed by Coldwell Banker United, | |||
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Amazing 2 bed room home, 1 and half bath home with lots of charm and lot character. Original wood floors throughout, updated traditional kitchen with many custom wooden pot drawers and pantry drawers. New Gas 5 burner range. Glass back splash and granite counter tops. Window over looking backyard with huge covered patio for those outdoor gatherings. Very well maintained home. Fresh paint through out & great polished wooden floors. Extra room outside can be used for guest bedroom etc.
Half bath is right off the patio for easy out door access. Home in the highly desirable Mason Park Terrace, walking distance to Mason Park, amazing jogging/walking and bike trail that follows the Buffalo Bayou. This is a must see.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017