2454 Arroyo Drive
About This Property
THIS 3 BEDROOM, 3 BATHROOM HOME IS SURE TO PLEASE. ORIGINAL HARDWOOD FLOORS RESTORED, REMODELED KITCHEN AND BATHS, BEAUTIFUL BUILT-INS, STUNNING FIREPLACE IN FORMAL LIVING ROOM AND LARGE OPEN FAMILY ROOM. MASTER BED AND BATH ARE STEPS AWAY FROM POOL AND SPA WITH TRANQUIL VIEWS DAY AND EVENING. 3RD BEDROOM AND BATHROOM ARE ON OPPOSITE SIDE OF HOME PERFECT FOR GUESTS, TEENAGER, OR CRAFT/BONUS ROOM. BOASTING AMPLE STORAGE THROUGHOUT INCLUDING A LARGE ATTACHED STORAGE ROOM NEXT TO 2 CAR GARAGE THAT CAN CONTAIN ALL THE TOYS, DECORATIONS, ETC. LUSHLY LANDSCAPED CORNER LOT AT .43 ACRE
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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 29, 2018 | Sold | ||
| Sold | |||
| Apr 15, 2018 | Listed by RE/MAX ADVANTAGE | $645,000 | |
| Listed by RE/MAX ADVANTAGE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017