1230 Arctic Avenue
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 |
|---|---|---|---|
| Oct 1, 2020 | Sold | ||
| Sold | |||
| May 5, 2020 | Listed by Desert Choice Realty | $199,990 | |
| Listed by Desert Choice Realty | |||
| May 23, 2014 | Sold | ||
| Sold | |||
| Sep 22, 2013 | Listed by Keller Williams Realty | $89,000 | |
| Listed by Keller Williams Realty | |||
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This is a HUD owned home and it's sold in IS-AS condition.Seller makes no representation or warranties concerning the condition of property and does not guarantee that the property is free of hidden or visible defects. Buyer is responsible to take action to satisfy himself that the property is in a condition acceptable to him. Seller will make no repairs. Buyer is encourage to have a home inspection to identify any defects. State law requires for Carbon Monoxide detectors to be installed in any single-family dwelling that contains a fossil-fuel burning heater, appliance, fireplace or attached garage, the seller (HUD) is exempt from this requirement as a Federal Entity. Home is sold by electronic bidding only. FHA case # 044-439370. FHA Financing: IE (insured escrow) ------------------
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017