18233 Arminta Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Feb 24, 2025 | Listed by Equity Union | $1,199,000 | |
| Listed by Equity Union | |||
| | |||
|
Discover the potential of 18233 Arminta, an extraordinary and expansive property on a rare half-acre lot in the heart of Reseda! Spanning a generous 21,800 square feet, this prime lot offers endless opportunities for both homebuyers and investors seeking space to create, expand, and innovate. The expansive size of the lot allows for a variety of possibilitieswhether you're looking to add multiple rental properties, build a guest house, or explore subdivision potential via Blythe Street at the back of the lot. Unlike most lots, this lot has massive additional potential due to Blythe St in the back left. Imagine designing a lush garden, an outdoor oasis, or developing additional units for great income. Conveniently located near schools, shopping, and parks, this property is poised for substantial growth in a rapidly evolving neighborhood. With its unmatched versatility and prime location, seize the opportunity to own one of Reseda's largest lots and bring your vision to lifeendless potential awaits! Camera's on Property. Appointment Only.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017