2608 ARVIN ST
About This Property
Recent notable updates: chimney relined and new cap installed (2017) and cleaned annually, new HVAC (2022), new backyard gate (2018), new dishwasher and microwave (2022), new external pump in basement toilet (2023), all ducts and vents cleaned (2023).
There are three bedrooms and one full bathroom upstairs as well as an additional full bathroom in the basement. This home is less than a mile to Wheaton Metro and has a walk score of 79 making it close everything Wheaton has to offer.
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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.
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About Wheaton - Glenmont
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$2,990 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017