Semi-Attached Single-Family
For Sale
$794,900
Pending
124 Erika Loop, Staten Island, NY 10312
SINGLE_FAMILY - Colonial - Staten Island, NY
Property Size2,285 SF
Lot Size0.04 Acres
Days on Market229
Property Features for 124 Erika Loop
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-2
Bedrooms
3
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 3
Parking features
Off Street
Patio and Porch features
Deck
Interior features
Pantry
Basement
Full, Finished
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Lot features
Back Yard
Subdivision
Arden Heights
Standard status
Pending
APN
05733-52
Size
2,285 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
6914
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Year built
2001
Floors in Building
2
Building materials
Stucco
Architectural style
Colonial
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Christian Jackson · License #10401326911
(718) 668-2550
Added: Jan 6
Changed: Aug 2
Last Checked: Aug 23 at 1:06PM
MLS# 2600085
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Welcome to a beautifully maintained semi-attached single-family home in a private community with a low HOA fee. The interior features hardwood floors and recessed lighting, along with a thoughtfully updated layout. The recently renovated kitchen includes a large center island, quartz countertops, a tile backsplash, and stainless steel appliances.
The home offers three bedrooms and four bathrooms with tiled finishes, plus a full finished basement with a separate entrance that can support flexible living arrangements. Additional details include fully paid-off solar panels, a paver backyard for outdoor use, and a PVC fence for added privacy.
This property is positioned for convenience, with access to schools, transportation, shopping, and parks listed among nearby priorities.
The home offers three bedrooms and four bathrooms with tiled finishes, plus a full finished basement with a separate entrance that can support flexible living arrangements. Additional details include fully paid-off solar panels, a paver backyard for outdoor use, and a PVC fence for added privacy.
This property is positioned for convenience, with access to schools, transportation, shopping, and parks listed among nearby priorities.
Key Highlights
- Semi‑attached single‑family home built in 2001 with stucco construction and a colonial architectural style
- 3 bedrooms and 4 bathrooms with tiled finishes, plus hardwood floors throughout and recessed lighting
- Renovated kitchen with a large center island, quartz countertops, tile backsplash, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,677
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$993,540
$993.5K
Cap Rate 7%
$709,671
$709.7K
Cap Rate 9%
$551,967
$552.0K
Market Conditions
NOI Build-Up for 2,285 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$98.7K $43.20/SF
− Vacancy
−$8.4K −$3.67/SF
EGI
$90.3K $39.53/SF
− OpEx
−$40.6K −$17.79/SF
NOI
$49.7K $21.74/SF
Area
ZIP 10312
Vacancy
8.50%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$993,540
Cap Rate 7%
$709,671
Cap Rate 9%
$551,967
Alternative Uses
Best Use
Apartment 5plus
$709.7K
$621.0K – $828.0K
NOI $49,677 @ 7.0% cap · market cap 6.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$954.0K – $1.27M
NOI $76,320 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - Move-in-ready semi-attached home with three bedrooms, four tiled bathrooms, and a full finished basement with separate entrance.
Where is this single family property located?
The property is located at 124 Erika Loop Staten Island, NY.
What is the asking price?
The asking price for this property is $794,900.
What are key features of this property?
This property features: Semi‑attached single‑family home built in 2001 with stucco construction and a colonial architectural style; 3 bedrooms and 4 bathrooms with tiled finishes, plus hardwood floors throughout and recessed lighting; Renovated kitchen with a large center island, quartz countertops, tile backsplash, and stainless steel appliances
