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15 Arnold Drive
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 2, 2011 | Sold | ||
| Sold | |||
| May 26, 2011 | Listed by Costello Realty | $269,900 | |
| Listed by Costello Realty | |||
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Easy Living in Cumberland! Oversized Ranch with 3 or 4 bedrooms in Arnold Mills! Nicely flowing floor plan with 2295sq. ft of livable space. Updated kitchen & baths, stainless steel appliances, original hardwood floors, FULL FINISHED BASEMENT with wet bar, spacious garage, oversized deck overlooking lush private yard on quiet residential street. Need Short Sale Approval!
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| Jan 2, 2008 | Sold | ||
| Sold | |||
| May 5, 2006 | Sold | ||
| Sold | |||
| Feb 21, 2006 | Listed by Century 21 O'Neil & Associates | $399,900 | |
| Listed by Century 21 O'Neil & Associates | |||
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