2155 S Luther --
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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 16, 2026 | Sold | ||
| Sold | |||
| Feb 11, 2026 | Listed by My Home Group Real Estate | $400,000 | |
| Listed by My Home Group Real Estate | |||
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Spacious and versatile 3-bed, 2.5-bath two-story home featuring a flexible loft ideal for a home office, playroom, or additional living space. The floor plan offers a bright and open feel with luxury vinyl plank flooring in the main areas and plush carpet in the bedrooms.
The kitchen provides ample cabinet and counter space, complete with a center island. Upstairs, the primary suite offers privacy with a full en-suite bath.
Step outside to a low-maintenance backyard with a patio, perfect for enjoying Arizona evenings with minimal upkeep. Located in a beautiful community featuring a playground, pool, spa, and more, this home blends comfort, convenience, and lifestyle—ideal for first-time buyers, growing households, or anyone seeking easy living in a welcoming neighborhood.
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| Dec 22, 2021 | Sold | ||
| Sold | |||
| Nov 17, 2021 | Listed by The Daniel Montez Real Estate Group | $415,000 | |
| Listed by The Daniel Montez Real Estate Group | |||
| May 4, 2017 | Sold | ||
| Sold | |||
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Last Updated: 5 months ago
Data Source: ARMLS, MLS# 6322210
Brokerage email: [email protected]
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017