1311 Arden Forest Drive
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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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Sep 7, 2024 | No longer available | - | |
| No longer available | |||
| Sep 6, 2024 | Listed by JSingh Homes | $560,000 | |
| Listed by JSingh Homes | |||
| Aug 5, 2024 | Listed by JSingh Homes | $575,000 | |
| Listed by JSingh Homes | |||
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Introducing 1311 Arden Forest in Gleannloch Farms! This stunning David Weekley home, owned by only one original owner, offers unparalleled elegance and comfort. With 5 bedrooms, 3.5 baths, a study, game room, formal dining, and formal living, this residence combines luxury living with serene views. Step inside to a grand two-story foyer, featuring a spiral staircase and high ceilings that welcome an abundance of natural light through numerous windows. The primary bedroom is conveniently located on the first floor, along with a versatile flex room perfect for a study or workout space. Upstairs, you'll find four spacious bedrooms and a game room that opens to a charming balcony, providing picturesque views of the surrounding nature. Key updates include a NEW ROOF (2024) and a TANKLESS WATER HEATER (2023). Don't miss the video tour to fully appreciate this exceptional property. Schedule your showing today and experience the best of Gleannloch Farms living!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017