16
Map
1540 Mac Arthur Lane
About This Property
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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 |
|---|---|---|---|
| Jun 14, 2022 | Sold | ||
| Sold | |||
| Jan 23, 2020 | No longer available | - | |
| No longer available | |||
| Sep 15, 2018 | Listed | $75,000 | |
| Listed | |||
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Great Investment Home or Starter Home with a 2017 ROOF. Nice size lot. Add this to your portfolio, it has a tenant currently in place. Fantastic ROI. Amazing location, close to the Beach, College, Restaurants, YMCA, & the Planetarium Don't Miss it !! Won't last...Call for your private showing The manager has listed the unit size as 704 square feet.
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| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed | $80,000 | |
| Listed | |||
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Great Investment Home. Brand NEW ROOF. Add this to your portfolio, it has a tenant currently in place. Fantastic ROI. Amazing location, close to College, restaurants, YMCA, & the Planetarium Don't Miss it !! Won't last...Call Walter 321-302-9112 for your private showing The manager has listed the unit size as 704 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017