11928 Arran ST
About This Property
Inside, you'll love the hardwood floors, fresh interior paint, & recently installed carpet in the secondary bedrooms along with an Elfa closet system in one of the bedrooms. The open floor plan is enhanced by contemporary finishes & updated light fixtures, creating a clean, modern aesthetic throughout.
The spacious kitchen is a standout, featuring a center island, abundant cabinetry, granite countertops, a recently replaced oven/range, & a seamless flow into the living area-ideal for entertaining. A dedicated dining space off the kitchen easily accommodates an 8-person table. A large flex room at the entry makes a perfect studio, home office, playroom, game room, formal dining space, or secondary living area. A second flex space between the two secondary bedrooms offers even more versatility-ideal as a home gym, study space, or playroom, & can even be enclosed to create a 4th bedroom.
Step outside to a private, fenced backyard with plenty of room to design the backyard of your dreams-even space for a pool! The covered front porch offers another peaceful spot to unwind, while the inviting curb appeal welcomes you home.
Nature lovers will appreciate the walking paths & hidden trails tucked just across the street, offering pond access and scenic strolls within the neighborhood. Plus, you're within walking distance to community amenities & Bluebonnet Trail Elementary School-a huge plus for families.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 2, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Relisted | $375,000 | |
| Relisted | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jun 7, 2025 | Price Decreased |
$375,000
↓ $25K
(6.3%) | |
| Price Decreased | |||
| May 16, 2025 | Price Decreased |
$400,000
↓ $25K
(5.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017