14 Arnold Rd
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 |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by Keller Williams Realty Evolution | $649,000 | |
| Listed by Keller Williams Realty Evolution | |||
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Nestled on a charming tree-lined side street in South Peabody, this inviting 4 BED, 2 BATH Cape-style home offers tons of potential! Featuring a large, updated kitchen, sunroom, fire-placed living room, and hardwood floors throughout most all rooms. The versatile floor plan includes two bedrooms on the first floor and two generously sized bedrooms on the second. Outside, you'll find a detached oversized garage & additional off-street parking. The built-in pool, which has not been opened in several years, adds to the home’s charm and potential. The lower-level basement experienced some water seepage but has remained dry for many years. With some minor updates and a little elbow grease, you can easily return this home to its glory days while also adding instant equity. Don’t miss out on this opportunity to create your dream home in a sought-after Peabody! Property sold AS IS, AS SEEN. Seller makes no representations. Buyers to do their own due diligence.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017