2620 Arnold Hills Road
About This Property
The lot is located behind this a new built home that sold for $499,000.
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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 |
|---|---|---|---|
| Jul 28, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Listed by Monument Realty | $85,000 | |
| Listed by Monument Realty | |||
| Apr 6, 2022 | No longer available | - | |
| No longer available | |||
| Jan 9, 2022 | Listed by Dwell Dallas Realtors, LLC | $85,000 | |
| Listed by Dwell Dallas Realtors, LLC | |||
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1.37 acre lot for your dream home to be built. Lot is located just minutes away from Cedar Creek Lake for boating and fishing. Buyer to do their due diligence on city requirements for zoning restrictions, building requirements and any other information needed to build.
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20081652
Details provided by NTREIS and may not match the public record
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Address: 335 Madison Avenue, New York, NY 10017