8 Erin Lane
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 |
|---|---|---|---|
| Jul 28, 2016 | Sold | ||
| Sold | |||
| Jun 7, 2016 | Listed by RE/MAX Real Estate Center | $369,900 | |
| Listed by RE/MAX Real Estate Center | |||
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Enjoy the privacy and seclusion that this Norton Colonial has to offer. Features include, end of cul de sac location, kitchen with granite tops and breakfast bar, a separate dining room with built-in hutch, a front to back living room with fireplace and a finished walkout basement. Recent updates include newer vinyl siding, newer Andersen windows and a new roof. This property also offers a large deck plus beautiful grounds for entertaining. Easy access to both the train and the interstate. Very easy to show !!
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| Nov 30, 1990 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017