8218 Ermington
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%.
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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 |
|---|---|---|---|
| Mar 27, 2025 | Sold | ||
| Sold | |||
| Jan 29, 2025 | Price Decreased |
$464,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jan 9, 2025 | Price Decreased |
$469,900
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Nov 4, 2024 | Listed by Realty Executives Of S.A. | $479,900 | |
| Listed by Realty Executives Of S.A. | |||
| | |||
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Welcome to 8218 Ermington, nestled in the desirable Northwest area of the city. Seller at Seller's sole option may contribute an amount not to exceed $5,000 towards Buyer's Closing cost with an accepted offer by Seller. The home has been well maintained and boasts 5 bedrooms, 3.5 baths, and many modern upgrades that shine throughout the house. It's located on a corner lot with many mature trees and cement privacy fencing encloses all three sides of the backyard. Two separate side gate entries to the backyard. Recently installed 5-ton air conditioning unit. The home has gutters and sprinkler systems installed. The kitchen, living, dining, laundry/pantry, office/study, and primary bedroom are on the first floor. There is no HOA. The upstairs loft/game room and stairs have beautiful hardwood floors installed on the flooring. All closets and pantry have motion detector lights. The kitchen has all stainless steel appliances including a refrigerator, that will convey. Newly installed water filter under the sink, faucet, garbage disposal, and sink. The pantry/Laundry provides plenty of shelving for storage and has a water softener installed. The eat-in kitchen area boasts a great view of the backyard area and pool. The primary bedroom is large and upgrades include crown molding, and Pergo flooring installed to include a large walk-in primary closet. The primary bathroom has 2 anti-fog mirrors that are touch screen, 2 separate vanities, sinks, lights vinyl flooring, and a garden tub with a separate shower stall. Newly installed remote control ceiling fans throughout the house. New garage door installed 1.14.2025. The backyard has a covered patio with a pebble stone concrete finish, an inground pool, with a recently installed Polaris pump filtering system, and a Polaris pool cleaning robot. An added shed that is a Powered workshop with motion detector solar light, equipped with electricity and an overhead light. This is a great area for storage or use for project building. Enhancing features of the house also include a direct port and is connected to a Generac Generator (portable) gas & propane 15,000-watt to power the home. Newly installed garage door opener and steel garage door. Conveniently located to stores, highway interstate, shopping, and a close walk to the Via bus stop. So what are you waiting for this house has all you need to enjoy a great family atmosphere with outdoor barbeques and a cool dip in the pool. This house has so much to offer and it won't last long!!
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| Apr 29, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017