2385 TOWNSQUARE Drive
About This Property
Beautiful Southside Home! This charming residence is located in a fantastic location, and nestled on a dead-end street ensuring no traffic and more peace and quiet. The split bedroom floor plan offers privacy and comfort. Enjoy the convenience of extra parking in the driveway and the versatility of the backyard shed. Relax on the screened-in patio, admire the elegant molding and finishes, and soak up the natural light streaming through the ceiling skylight. The kitchen and dining room feature built-in shelves, adding functional style. The wood-like laminate flooring and soft blue walls create a calming ambiance throughout. Don't miss this opportunity to own a piece of Southside paradise!
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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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 14, 2024 | In contract | - | |
| In contract | |||
| Oct 21, 2024 | Listed by CHAD AND SANDY REAL ESTATE GROUP | $310,000 | |
| Listed by CHAD AND SANDY REAL ESTATE GROUP | |||
| Jan 18, 2008 | Sold | ||
| Sold | |||
| Sep 17, 2007 | Listed by CHAD AND SANDY REAL ESTATE GROUP | $192,000 | |
| Listed by CHAD AND SANDY REAL ESTATE GROUP | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017