1407 ARDEN Way
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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%.
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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 |
|---|---|---|---|
| Mar 2, 2017 | Sold | ||
| Sold | |||
| Sep 15, 2016 | Listed by COLDWELL BANKER VANGUARD REALTY | $319,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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East of Penman and priced to sell! New kitchen including white shaker cabinets, marble backsplash, granite countertops, stainless steel appliances, hardware, plumbing, floors and paint. Eat in kitchen area with bay window. Updated bathroom vanities and fixtures. Freshly painted bathrooms and master bedroom. Split bedroom set up with large master suite and built out closet. Windows, exterior doors replaced, and new metal roof! HVAC 2009. Generous size laundry room with pantry. Fully fenced backyard has storage shed with room for a large pool. Gas fireplace is decorative only. Carpet was removed revealing terrazzo floors. SELLER IS CONTRIBUTING $2,500 TOWARDS FLOORING ALLOWANCE. Wonderful neighborhood!
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| Aug 23, 2016 | Listed by MAGNOLIA PROPERTIES | $364,900 | |
| Listed by MAGNOLIA PROPERTIES | |||
| Jul 7, 2010 | Sold | ||
| Sold | |||
| Feb 4, 2010 | Listed by MAGNOLIA PROPERTIES | $229,900 | |
| Listed by MAGNOLIA PROPERTIES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017