Announcing Majestic Mill Brook, 50 luxury condos UNDER CONSTRUCTION
for Fall 2025 occupancy, low-emissions development with
high-quality finishes and contemporary flare. This is one of two
remaining 1 bedroom units that each have a private exclusive-use
patio on the courtyard level. The stylish interiors feature an
open-concept dining room, living room, and kitchen with electric
range, exterior vented exhaust hood, and built-in microwave in the
center island. Residents at Majestic enjoy a 2nd-floor common
courtyard, a 5th-floor roof deck, a ground level Urban Garden, and
a community fitness center. Enjoy everything the Arlington
community has to offer from the Minuteman Bikeway, only 0.2 miles
from Majestic, to endless dining, shopping, and recreational
activities. This unit comes with 1 deeded garage parking space,
bicycle storage, plus a storage unit on lower level. Pet friendly
community. Private EV Chargers for owners with an EV car
Sales office hours Thurs, Fri & Sat 11AM - 2 PM.
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.
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