2261 Arabian Way
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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 24, 2024 | Listed by Re/Max Partners | $600,000 | |
| Listed by Re/Max Partners | |||
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Welcome to this beautiful 3-bed, 2.5-bath home in Corona Hills! It features an inviting living space with a gas fireplace and soaring vaulted ceilings that make it feel even more spacious. Numerous windows fill the home with natural light, creating a bright and airy atmosphere.
You'll love the modern touches throughout this turnkey residence, including stylish bathroom vanities and updated light fixtures that add a contemporary flair. The kitchen comes fully equipped with all appliances, including a refrigerator, so you can move right in!
With a two-car attached garage and one of the longest driveways in the neighborhood, parking is a breeze—even when guests come over! This home boasts low property taxes, and the location is just minutes from the 91 and 15 freeways, making it ideal for commuters. The community offers a sparkling community pool. It is the perfect blend of comfort, convenience, and modern style!
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| Mar 20, 2020 | Sold | ||
| Sold | |||
| Feb 19, 2020 | Listed by Re/Max Partners | $408,888 | |
| Listed by Re/Max Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017