26 Carter Road
About This Property
Calling all investors! This diamond in the rough is waiting to shine again!
This legal 2 bedroom, lives like 3, 2 full bath, 1500+ SQFT house sits on over 3 acres in picturesque pleasant valley in the Arlington School District. As you enter the home into the foyer with original fireplace and head down the hall to find the first bedroom, kitchen and dining area, and den/art studio complete with dark room. On the other side of the house is the living room with access to the backyard, and an additional bedroom with walk-in closet. Upstairs you'll find the primary bedroom with walk-in closet, and a full bathroom. The outside multi-level patio and screened in porch offer a great space for relaxing or entertaining friends and family. Close to taconic and route 44. This home is waiting for its next owner to make it shine ! Cash or Rehab loans only, please.
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Cap Rate Calculator
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 11, 2025 | Sold | ||
| Sold | |||
| Oct 22, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Price Decreased |
$469,000
↓ $20K
(4.1%) | |
| Price Decreased | |||
| Sep 4, 2025 | Price Decreased |
$489,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Jul 28, 2025 | Price Decreased |
$499,000
↓ $29K
(5.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017