1420 S 2nd 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 |
|---|---|---|---|
| Dec 31, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $3,180,000 | |
| Listed | |||
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Luxurious Brand New 2 story, 5 bedroom, 5.5 bathroom custom home located in the heart of Arcadia. Every inch of this 6,058 sqft jewel has been lovingly designed and crafted. The front entry features a hard to approve, stunning high elevation pre-cast entrance. Thereafter, the marble foyer artfully incorporates an elegant wrought-iron spiral staircase with built in lights and grand crystal chandelier. Entertain guests with the modern gourmet kitchen (all Viking appliances) and state-of-the-art HD home theater. Relax and unwind in the master suite upstairs featuring Jacuzzi, steamer, dual shower and bench in Italian marble finish. Other features include: additional master suite on the main floor, wet bar, library with built-in bookcase, huge family room with open kitchen, spacious living room with fireplace, formal dining room, large center island with marble counter-tops, custom cabinetry, separate wok kitchen with built-in refrigerator, night vision security cameras, intercom, built-in stereo system, and 3-car attached garage. Centrally located within minutes from award winning Arcadia schools, parks, restaurants and shopping centers. This masterpiece is a must see to appreciate. The manager has listed the unit size as 6058 square feet.
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| Aug 9, 2019 | Listed by IRN Realty | $3,180,000 | |
| Listed by IRN Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017