2044 Arch Rock Drive
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 |
|---|---|---|---|
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Jun 14, 2023 | Listed by Karen Whitlock Realty | $250,000 | |
| Listed by Karen Whitlock Realty | |||
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SELLERS READY TO SELL THIS HOME. WAS THEIR MOTHERS AND IT'S BEEN A GOOD RENTAL BUT READY TO SELL NOW. CORNER LOT. WAS BUILT IN 70'S WHEN THEY USED A LOT OF PANELLING, SO FOR RENTALS IT'S GOOD, BUT FOR SOMEONE TO MOVE IN WOULD PROBABLY WANT TO UPDATE IT. SELLERS HAVE IT RENTED AT $1000 MONTH & HAVE IT ON A month to month lease. SHOWINGS WILL NEED TO BE ARRANGED. DO NOT GO AND DISTURB TENANTS. BUT IF YOUR LOOKING FOR RENTAL INCOME, THIS WOULD BE GOOD. SELLERS JUST PUT IN A NEW HEATING AND AIR SYSTEM IN THE LAST SIX MONTHS. lOT IS LEVEL, GREAT FOR KIDS, PETS, GARDEN, ETC SOME YEARS AGO THEY INSULATED OVERHEAD, NEW GARAGE DOORS, NEW WINDOWS, BIG COUNTRY KITCHEN! TRULY NEEDS SOME LOVING BUT FIND A HOUSE IN THIS PRICE IS HARD TO DO.
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| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 16, 2018 | Price Decreased |
$130,900
↓ $19K
(12.7%) | |
| Price Decreased | |||
| Jun 13, 2018 | Price Increased |
$149,900
↑ $19K
(14.5%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017