21492 Arapahoe Trail
About This Property
Up the stairs you will find the formal dining with wainscoting, adjacent to the kitchen with Granite counters oak cabinets and plenty of room to entertaining,dining room is open to your living room with Crown molding a beautiful fireplace and access to the patio for BBQ-ing or enjoying the views.
Down the hall you will find a full bath for your guests and beyond this will be a huge bedroom with carpet and a wall closet. Upstairs will be the Master Suite with its own patio for great city views its own on-suite with a jetted tub and walk in shower and a private bathroom area, also the master has a huge walk in closet. On this floor you will also have two large sized bedrooms with wall closets that share their own full bathroom.
There is recessed lighting throughout TWO A/C units for your comfort and 2 Parcels one for your home and the other currently is adding to your backyard, MANY POSSIBILITIES for the second FLAT lot ADU,expansion, pool its endless, Buyer to do their own investigating on this. Let's not forget the Tree house in the backyard with electricity to it ! The square footage on this listing is the house and the second lot used as the backyard extension currently.
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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%.
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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 |
|---|---|---|---|
| Apr 7, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Price Decreased |
$835,000
↓ $35K
(4%) | |
| Price Decreased | |||
| Nov 28, 2024 | Price Decreased |
$870,000
↓ $30K
(3.3%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $899,999 | |
| Relisted | |||
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About Los Angeles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017