9 Erin Lane
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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 25, 2022 | Sold | ||
| Sold | |||
| Jan 29, 2022 | Listed by SIGNATURE REALTY NJ | $630,000 | |
| Listed by SIGNATURE REALTY NJ | |||
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Showings start 2/5/22 at 1pm. Location, location, location! Here is your chance to own in this desirable Country Place community in Old Bridge. A commuter's dream - conveniently located near Rt.9, Rt.18, GSP, Turnpike and close to shopping, public transportation and several state parks with miles of trails and activities. Ideally situated about 20 min from Staten Island, 45 min drive from Manhattan, a one-hour and 20-minute drive from Philadelphia, and 22 miles from the gorgeous beaches of the Jersey Shore. New Jersey Transit rail service is available in the neighboring town of Matawan and NJ Transit and Academy Bus both run commuter express buses from Old Bridge Township daily. Aside from perfect location in a beautiful and quiet community, this freshly painted home offers 4 large bedrooms, a spacious living room, 2.5 baths and a huge family room which flows directly into your dining & eat-in kitchen area with a breakfast bar and a window seat -all of which are flooded by lots of natural sunlight! Additionally, this home boasts gleaming cherry hardwood floors and wet wainscoting design throughout, a living room, family room, formal dining room, kitchen with a large seated bay window and breakfast bar, large master bedroom with w/in closet and full bath, a 2 car garage, 8 camera alarm system, lots of storage, and a gorgeous backyard with a fenced-in pool area and newer pool heating equipment (2021), a built-in playground and retractable awning over patio area and a newer automated sprinkler system with rain sensor (2020). Imagine grilling in your own backyard oasis this spring and splashing in the pool all summer long! Best of all - home is vacant and seller can close quick. Present your strongest offer, and make this home yours today- as this spacious and bright colonial will not last!
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| Sep 21, 2012 | Sold | ||
| Sold | |||
| Mar 30, 2012 | Listed by Keller Williams Realty West Monmouth | $455,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017