1332 Arlene Street
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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Feb 13, 2025 | Listed by eHomes | $480,000 | |
| Listed by eHomes | |||
| | |||
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Welcome to 1332 Arlene, a delightful 3-bedroom, 2-bathroom home nestled in a quiet and friendly Redlands community. This well-maintained property offers the perfect blend of comfort, convenience, and practicality, making it an excellent choice for families, first-time buyers, or anyone looking for a peaceful retreat with easy access to local amenities.
Step inside to find a well-sized living room, ideal for relaxing with loved ones or entertaining guests. The three generously sized bedrooms provide plenty of space for rest and privacy, while the two full bathrooms ensure convenience for the whole household.
One of the standout features of this home is its large driveway, which not only provides ample parking but also offers RV parking potential—a rare and valuable perk! The property is also equipped with an affordable solar panel lease of just $110 per month, helping to significantly reduce energy costs.
Located in a serene neighborhood, this home offers easy access to major freeways, top-rated schools, shopping centers, and local markets, making daily commutes and errands effortless. Whether you’re looking for a cozy family home or an investment in a highly desirable area, this property has it all.
Don’t miss out on this fantastic opportunity! Schedule your private tour today and see all that 1332 Arlene has to offer.
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| Sep 17, 2019 | Sold | ||
| Sold | |||
| Jul 16, 2019 | Listed by CENTURY 21 LOIS LAUER REALTY | $319,000 | |
| Listed by CENTURY 21 LOIS LAUER REALTY | |||
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About Northwest Redlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017