2 Arlene Drive
About This Property
Payment Calculator (Computations Provided by RealtyHop)
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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | Listed by McGinn & Associates Realty, LLC | $844,900 | |
| Listed by McGinn & Associates Realty, LLC | |||
| Mar 15, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2023 | Listed by Century 21 North East | $275,000 | |
| Listed by Century 21 North East | |||
| | |||
|
Well established Neighborhood! This Acre lot has just been approved by planning board! It has been cleared and stumped! And over 380 feet of road frontage. Take a drive-by. Not many single lots available without builder tie-in. No current use tax.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017