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12046 Arbargee Circle
About This Property
Designed for both everyday living and entertaining, the home features 5 bedrooms, 5.1 baths, and a highly functional floor plan with the primary suite and an additional en-suite bedroom on the main level. Upstairs includes three bedrooms and a large game room, providing ideal separation and flexible living space for families.
The home showcases 12-foot ceilings, hardwood floors, a dramatic curved staircase, and multiple living and dining areas. The kitchen is well-appointed with granite countertops, stainless steel appliances, a center island with prep sink, and opens to a generous breakfast room and family living area. Additional highlights include a butler's pantry, wet bar, wine storage, and extensive built-ins.
Step outside to a private, oversized backyard featuring a pool and spa, covered patio, and ample green space-perfect for relaxing or entertaining in a quiet setting. Complete with a 3-car garage, circular drive, surround sound, and security system, this home combines space, comfort, and a premier location near top schools, dining, and major thoroughfares.
**NEWLY Installed gutters and a Class 4 roof with a 10-year Warranty on workmanship & Lifetime Warranty of roof materials. Buyer should receive a credit on the homeowner's insurance**
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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 |
|---|---|---|---|
| Aug 5, 2026 | Sold | ||
| Sold | |||
| Jul 25, 2026 | In contract | - | |
| In contract | |||
| May 18, 2026 | Price Decreased |
$1,995,000
↓ $305K
(13.3%) | |
| Price Decreased | |||
| Mar 29, 2026 | Listed by Allie Beth Allman & Assoc. | $2,300,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017