1511 EMPIRE Point
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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 |
|---|---|---|---|
| Jun 22, 2022 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $559,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
| May 12, 2021 | Sold | ||
| Sold | |||
| Sep 14, 2020 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $370,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
| Aug 3, 2017 | Listed by TRADITIONS REALTY LLC | $399,900 | |
| Listed by TRADITIONS REALTY LLC | |||
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Perfect home for entertaining, this spacious all brick 4 bed/3 bath mid-century ranch sits on a corner lot in sought-after Empire Point neighborhood. Home measures almost 3000 sq ft and includes formal living & dining rooms, tongue & groove oak floors, 2 fireplaces, updated kitchen with Corian cntrtops and stainless appliances, master bath with Jacuzzi tub & dual-head walk-in shower, huge gameroom, library w/ built-in bookshelves, family room w/ media storage, auto. projection screen and many more features. Attached 2 car garage, circular driveway and large 2 level rear deck. Optional HOA fee of $300 annually allows access to private community boat ramp (St. Johns river access) and neighborhood parties.
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| Apr 20, 2006 | Listed by LIFESTYLES REALTORS, INC-RIVERSIDE | $425,000 | |
| Listed by LIFESTYLES REALTORS, INC-RIVERSIDE | |||
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Great Home & N'hood @ Great Price! Motivated seller- bring offers. This spacious all brick 4 bed/ 3bath home sits on a corner lot, 2,950 sq ft and incl formal living & dining, oak flrs, 2 firepl, updated kitchen with solid-surface cntrtops, master bath w/ Jacuzzi tub & dual-head walk-in shower, gameroom, library w/ built-in bookshelves, family room w/ media storage, 5'x7' movie screen & much mo
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017