1086 Armada Drive
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 |
|---|---|---|---|
| Jun 21, 2017 | Sold | ||
| Sold | |||
| May 30, 2017 | Listed by Sotheby's International Realty, Inc. | $2,980,000 | |
| Listed by Sotheby's International Realty, Inc. | |||
| Oct 27, 2015 | Sold | ||
| Sold | |||
| Sep 8, 2015 | Listed by Sotheby's International Realty, Inc. | $2,998,000 | |
| Listed by Sotheby's International Realty, Inc. | |||
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Prospect Park, Pasadena-Offering a catalog of fine homes recognized on the National Register of Historic Places. 1086 Armada Drive is a rare Mediterranean home constructed in 1922 & freshly renovated in 2015. It offers a main level open floor concept-virtually impossible to find in a vintage era home. Over-sized entertaining areas all orient to the designer kitchen, allowing for sizable gatherings-with the chef being able to visually command activities in nearly every space; including the step-down living room, family room, rear covered loggia, open terrace & flat back garden. The downstairs laundry room is complemented by a second upper laundry area, conveniently situated between 4 bedrooms and 3 baths. A lower level bedroom provides an adjacent bath & is also well-suited as a home office. This super bright floor plan meets the multi-generational needs of a discerning buyer - so often disappointed by layout and surfaces. A detached 2-car garage comes pre-wired for an electric car.
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| Aug 18, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017