21
Map
1512 Mac Arthur Lane
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 |
|---|---|---|---|
| Jun 3, 2019 | Sold | ||
| Sold | |||
| Apr 1, 2019 | Listed by Blue Marlin Real Estate CB | $130,000 | |
| Listed by Blue Marlin Real Estate CB | |||
| Jul 5, 2017 | Sold | ||
| Sold | |||
| May 15, 2017 | Listed by Burley Properties | $87,000 | |
| Listed by Burley Properties | |||
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Remodeled! 2 Bedroom, 2 Bath Concrete Block Home, 1328 Sq. Ft. Under Air, on .20 Acre Lot. Built in 1958. Home has Newer Kitchen and Baths with Solid Wood Cabinets. Newly Painted Inside & Out. New Hardwood Bamboo Flooring throughout Home, with Tile in Bedroom 2. Home has updated Lighting and Plumbing Fixtures. Seller has copies invoices, permit approvals, certified floor plans, home has underground power lines, and energy efficient certification for A/C. Home does need a new roof, but roof does not leak. Escrow money will be needed for roof replacement on a conventional loan. Seller’s do not have the funds to replace the roof. Home is also on a Double Fenced Lot, Rare for the Area!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017