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23 Arden 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 |
|---|---|---|---|
| Jun 5, 2009 | Sold | ||
| Sold | |||
| Jan 29, 2008 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $109,900 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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Well maintained 6 room, 3 bedroom, vinyl sided Cape that offers many updated features. Some updates include a newer gas furnace and hot water tank approximately 8 years old (APO), new roof installed in August 2005 (APO), and some replacement windows. Other features include Central Air, Security System, Living Room with fireplace, Seasonal Porch, and a 1 car garage. One bedroom has no closet. Qualifies for first time hombuyers TAX CREDIT of $8,000.
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| Jan 23, 1996 | Sold | ||
| Sold | |||
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