1841 Armory
About This Property
THE LOCATION IS HARD TO BEAT. SHOPPING CENTER, WALMART, AND RESTAURANTS ARE ALL WITHIN WALKING DISTANCE, SCHOOLS ARE CLOSE BY, AND THE I-40 AND I-15 FREEWAYS ARE JUST MINUTES AWAY FOR AN EASY COMMUTE.
DOWN TOWN IS NEARBY, AND THE HOME SITS IN A QUIET, FRIENDLY NEIGHBORHOOD,
DON'T MISS THIS ONE. SCHEDULE YOUR SHOWING TODAY!
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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 |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$310,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Sep 30, 2026 | Listed by Elevate Real Estate Agency | $320,000 | |
| Listed by Elevate Real Estate Agency | |||
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017