22 Mcarthur Ln
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 |
|---|---|---|---|
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Listed | $389,900 | |
| Listed | |||
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Just a stones throw to Sunrise Beach this adorable coastal home offers the perfect blend of charm and opportunity. Set in a seaside neighborhood, this 2-bedroom, 1bath gem is ideal for beach lovers or anyone seeking a relaxed coastal lifestyle.Inside you’ll find the kitchen w/quartz counters open to the main living area perfect for casual living. The bath includes convenient laundry.Recent updates include a new roof giving you peace of mind.Outdoor living is where this home truly shines. The backyard has garden beds a dedicated garden and a small greenhouse attached to the shed After a day at the beach rinse off in the outdoor shower and unwind on the spacious back deck.Love to kayak or paddleboard? A path in the back leads to the river, where the owners often launch their kayaks.While the home may benefit from a few cosmetic updates like new flooring and siding it’s packed with potential—and priced accordingly. With just a little TLC this beachside home will sparkle and shine!
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| Aug 29, 2017 | Sold | ||
| Sold | |||
| May 18, 2017 | Listed by Keller Williams Realty Signature Properties | $229,900 | |
| Listed by Keller Williams Realty Signature Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017