9 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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | Listed by Coldwell Banker Realty - Westwood | $1,575,000 | |
| Listed by Coldwell Banker Realty - Westwood | |||
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This much-admired Craftsman-style home in sought-after Pine Needle Park is beyond compare! A builder's residence, it offers a mix of open concept and intimate spaces where you’ll discover exceptional craftsmanship, design and finishes throughout. Presiding over meticulous landscaping, the front porch offers a welcoming entrance with a view to the open kitchen, well-appointed with custom inset cabinetry, Wolf/Subzero appliances and a walk-in pantry. The dining room features a fireplace, coffered ceiling, china hutch and butler's pantry, while the breakfast room and cathedral family room transition to the deck, patio and outdoor fireplace for seamless indoor/outdoor entertaining. The rear staircase leads to the primary wing, with a sitting/nursery/guest room, two walk-in custom closets, library wall window seat and spa-like bath with heated marble floor and steam shower. A private office, mudroom, gym and movie theatre with snack kitchen make this a home you'll never want to leave!
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| Jul 27, 2009 | Sold | ||
| Sold | |||
| Jun 27, 2009 | Sold | ||
| Sold | |||
| Apr 2, 2009 | Listed by Coldwell Banker Realty - Westwood | $519,000 | |
| Listed by Coldwell Banker Realty - Westwood | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017