27 Arcadia Ave
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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Sep 6, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed by Austin Realty Group | $299,900 | |
| Listed by Austin Realty Group | |||
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Diamond in the rough! With a little TLC, you could make this your own. Nice neighborhood and charming older homes in the Highlands. Sip your coffee in the morning and greet your neighbors sitting on your front porch. 3 bedrooms and 1 full bath. Back yard for play or barbeque. Good access to major routes. Great opportunity to build some sweat equity. Sweet project for rehabbers or construction crew. Due diligence responsibility for buyer and buyer agent.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017