2 Arlington Place
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 |
|---|---|---|---|
| Jan 23, 2026 | Sold | ||
| Sold | |||
| Sep 10, 2025 | In contract | - | |
| In contract | |||
| Aug 5, 2025 | Listed by HOUWZER, INC | $1,099,999 | |
| Listed by HOUWZER, INC | |||
| Jul 29, 2019 | No longer available | - | |
| No longer available | |||
| Jan 7, 2019 | Listed | $165,000 | |
| Listed | |||
| | |||
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Non-conforming lot in excellent location. Close to Edison Train Station, possibly subdivided or reconstructed with variance. Must check with township for approvals. Cash or 203K loan preferred. SOLD AS IS, Easy access to Rts 287, route 27, route 1, parkway and turnpike. Close to shopping, houses of worship and pub transportation only blocks from Edison Train Station. OR condo alternative, or investment rental. Lots of possibilities here! Buyer is responsible for CO as well. No exceptions with repairs or CO.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017