216 GARRISON Avenue
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%.
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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 |
|---|---|---|---|
| Feb 6, 2009 | Sold | ||
| Sold | |||
| Jul 30, 2008 | Listed by WATSON REALTY CORP | $153,500 | |
| Listed by WATSON REALTY CORP | |||
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ATTENTION AGENTS!! SELLER WILL PAY A 1% BONUS W/ A $1000.00 MINIMUM TO SELLING AGENT. OFFER MUST BE ACCEPTED BY 1/31/09 AND MUST CLOSE BY 2/28/09 TO RECIEVE BONUS. ALL NON CASH BUYERS MUST PREQUAILIFY W/ NATIONSTAR MORTGAGE. SELLER FINANCING IS OFFERED, IF ELECTED COMPETITIVE RATES, QUICK CLOSINGS, POSSIBLE CLOSING COST ASSISTANCE AVAIL. ONLY OF USING SELLER FINANCING. DON'T WAIT BRING YOUR BUYERS
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| Feb 12, 2008 | Listed by RE/MAX SPECIALISTS | $207,574 | |
| Listed by RE/MAX SPECIALISTS | |||
| Jun 14, 2007 | Listed by ERA DAVIS & LINN | $225,900 | |
| Listed by ERA DAVIS & LINN | |||
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Spacious Brick home in wonderfully established community with large oaks. Repair bids underway, seller is getting estimates. Owner may hold 100% mortgage for owner occupant, 90% for investor.
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| Jan 10, 2005 | Listed by MLS REALTY | $211,000 | |
| Listed by MLS REALTY | |||
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Price includes painting interior and a new roof or roof allowance.
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Property Highlights
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Price/ft²
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017