29
Map
1617 Arnold Drive
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 |
|---|---|---|---|
| Apr 1, 2024 | Sold | ||
| Sold | |||
| Feb 5, 2024 | Listed by Real Broker, LLC | $325,000 | |
| Listed by Real Broker, LLC | |||
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Priced below appraisal. Pool home with area to park RV/boat. Large paver drive for ample parking area for this 4 Bedroom plus a flex room home with lots of updates. NO carpet. New wood plank laminate flooring in guest bedrooms, kitchen & dining, luxury vinyl in primary bedroom & laundry room & tile in bathrooms & flex room. Updated kitchen with granite countertops, light fixtures & stainless-steel appliances, updated guest bathroom with new vanities, toilets, & tile around tub/shower. Updated primary bathroom with tiled shower, vanity, light fixtures, toilet & built ins. New French doors with blind inserts from dining area to lanai. Shed in backyard for extra storage, 50 amp added for RV & gas available on lanai. Hurricane shutters for windows.
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| Jun 27, 2023 | Sold | ||
| Sold | |||
| Mar 6, 2023 | Sold | ||
| Sold | |||
| Dec 30, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017