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894 Erbes 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 |
|---|---|---|---|
| Sep 30, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by RE/MAX ONE | $999,000 | |
| Listed by RE/MAX ONE | |||
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This 4 bed, 2.5 bath home has a midcentury feel with a few modern touches. The floorplan offers space for entertaining with a kitchen that opens to the living area. The large windows and french doors brighten the room with natural lighting and open up to the backyard area with a pool. Through the kitchen to the dining and additional living room are vaulted ceilings, recessed lighting, and another set of glass doors leading to another section of the backyard. Down the hall are all the bedrooms, offering a sense of privacy away from the common areas.
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| Nov 7, 2016 | Sold | ||
| Sold | |||
| Sep 20, 2016 | Listed by Dilbeck Estates | $715,000 | |
| Listed by Dilbeck Estates | |||
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017