24 Arcadia Rd
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 |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Doherty Properties | $599,999 | |
| Listed by Doherty Properties | |||
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Step into this stunning ranch-style home located in a charming neighborhood. Situated near shopping centers, schools, restaurants, major highways, and transportation hubs, this property offers unparalleled accessibility. The oversized backyard provides ample space for outdoor activities and relaxation. Inside, discover a well-appointed kitchen seamlessly connecting to a sunlit sunroom, perfect for morning coffee or evening gatherings. The spacious living room features a large picture window, flooding the space with natural light. With three sizable bedrooms boasting generous closets and a tastefully designed bathroom, this home embodies comfort and functionality. The unfinished basement offers ample storage space, providing room for all your belongings. This home is just waiting for your personal touch to make it your own. Minutes from Rt 3A and 495.Don't miss the opportunity to make this gem yours and enjoy the best of both location and lifestyle!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017