8 Erik Road
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 |
|---|---|---|---|
| Jun 13, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by Compass | $799,900 | |
| Listed by Compass | |||
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Sought after Pine Needle Park neighborhood! Refreshing renovations abound in this lovely Split-level home. Featuring: Hardwood floors, updated windows, beautiful custom millwork with architectural detail. Wonderful open floor plan! Fireplace living room and built-in cabinets with library lighting (2020). New open concept living, kitchen and dining room combination. Enjoy cooking your culinary delights in your new Carrera Marble kitchen (2016). Three spacious bedrooms including a gracious Primary en-suite (2022) and main bath. LL renovated expansive family room with custom built-in entertainment center (2021). Great screened in porch off kitchen overlooking the huge, landscaped yard w/ playset and fire-pit surround. 2 car garage, New Central air (2022) updated electric (2016), new heating system (2017), An abundance of renovations! (See list). This home is not to be missed!!!
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| Feb 27, 2015 | Sold | ||
| Sold | |||
| Oct 30, 2014 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $489,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| Jul 26, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017