1835 ARCOLA AVE
About This Property
2020: New Roof, Gutters & Chimney Crown
2023: Old tile flooring removed and brand new carpet installed in lower level rec room and den
2023: New paint in lower level rec room/den areas
Backing to Wheaton Regional Park create your quiet little oasis. Easy access to trails, Ice Arena, Tennis, Horse Back Riding, Botanical Gardens, new Library and so much more! Access to major commuter routes and public transit makes the home accessible to the city, shopping, dining, and leisure activities.
Ample parking to easily access in and out of the house. Carport was once a screened in porch but can easily be converted back to a carport .
Due to the time the home was built, it is possible but not confirmed that there may be hardwood floors under the carpeted areas on the main and upper levels.
Once inside you have arrived into the quiet split level home offers spacious living.
The lot offers a good sized front yard set back off the street while the backyard backs to quiet woods giving a sense of private serenity.
1835 Arcola is an all brick, solidly built custom home of its day! While some improvements have been made and it has been loved by just one family, this is a fabulous opportunity to make this the home you have always wanted!
Please, ABSOLUTELY NO Shoes on the new carpet.
Agents: Please complete the surveys.
AS-IS SALE
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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 |
|---|---|---|---|
| Feb 13, 2023 | Sold | ||
| Sold | |||
| Jan 12, 2023 | Listed by EXP Realty, LLC | $539,900 | |
| Listed by EXP Realty, LLC | |||
Property Highlights
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About Wheaton - Glenmont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017