1564 ALETHA Drive
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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 4, 2024 | Sold | ||
| Sold | |||
| May 11, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by MOMENTUM REALTY | $275,000 | |
| Listed by MOMENTUM REALTY | |||
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Welcome to this 3 bed, 2 bath solid concrete block home. Beautifully updated, located central to shoppings, schools, restaurants and highways. The kitchen offers beautiful solid surface countertops and backsplash, new stainless steel appliances, plenty of counter with soft closed cabinetry space. The floor plan allows for a seamless transition from the kitchen to the dining and living room space. This comfortable home also offers a generous size primary bedroom and master bathroom with updated fixtures, tile, and vanity. Two additional bedrooms and a second bathroom with a large standing shower, updated fixtures, tile, and vanity. New waterproof LVP flooring, title in the bathrooms. New paint inside and out. New impact window strategically positioned to harness the natural light, creating an inviting and luminous ambiance throughout. Updated electrical panel. Roof replaced in 2018.
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| Feb 29, 2024 | Listed by MOMENTUM REALTY | $285,000 | |
| Listed by MOMENTUM REALTY | |||
| Jan 8, 2024 | Sold | ||
| Sold | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017