1203 ARDEN Way
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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.
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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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2024 | Relisted | $615,000 | |
| Relisted | |||
| Oct 6, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $1,295,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
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This exquisite two-story beach home has 5 spacious bedrooms with an additional flex space, 3.5 baths, and 3,579 sq ft. Located just steps from the ocean, this pool home offers the perfect blend of coastal living & modern elegance. When you step inside, you will find an open floor, high ceilings, an additional bedroom and cozy gas fireplace. The large downstairs primary suite features a huge walk-in closet & an en-suite bathroom with dual vanities, a soaking tub, and a separate shower. The kitchen has quartz countertops, marble backsplash, stainless appliances, breakfast nook and large walk-in pantry. Upstairs you will find three additional spacious bedrooms with large walk-in closets, 2 bathrooms & a large den for entertainment, office or extra bedroom. Outside you will find a covered patio, luscious yard and swimming pool for outdoor entertainment and enjoyment. There is also a 15x22 area above the two-car garage that could be built out for additional living space. Roof 2024
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017