21
Map
228 A Arena Street
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 31, 2026 | Sold | ||
| Sold | |||
| Jul 14, 2026 | Sold | ||
| Sold | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
| Jun 5, 2026 | Listed by E Real Estate Corp. | $1,199,000 | |
| Listed by E Real Estate Corp. | |||
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Brand new luxuy beach bungalow! Owner Financing Available! The only new standalone homes of their kind in the entire South Bay. No HOA. No shared walls. Pure turnkey ownership! This 2-bed | 2-bath | 872 SF coastal Craftsman delivers a 16-ft vaulted great room, wide plank oak floors, quartz countertops, custom cabinetry, and matte-black fixtures throughout. The primary suite features a double-sink vanity and ceiling fan; the second full bath is finished with designer tile. Sliding doors open from the bedroom to a private patio, and the elevated front porch is built for outdoor dining. Efficient A/C & heat, generous attic storage, and rear alley parking round out the package. Walk Score 92 — 3 blocks to Main Street dining, 1 block to Rec Park, under half a mile to Richmond Street Elementary, and 5 minutes to the beach. One of four. Come see it for yourself!
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| Jun 2, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017