2706 Arlene Drive
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 |
|---|---|---|---|
| Feb 18, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | In contract | - | |
| In contract | |||
| Dec 23, 2024 | Listed by KELLER WILLIAMS-TREC | $249,900 | |
| Listed by KELLER WILLIAMS-TREC | |||
| Nov 28, 2023 | Sold | ||
| Sold | |||
| Nov 2, 2023 | Listed by KELLER WILLIAMS-TREC | $219,900 | |
| Listed by KELLER WILLIAMS-TREC | |||
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This 3 bedroom ranch is located in a great rural neighborhood with a large, fenced yard and plenty of updates. Wood floors greet you and run through the living room, dining room and all 3 bedrooms. A charming fireplace adds to the character in this open floor plan. The kitchen features Corian counters, updated appliances and repainted cabinets. A large island makes this a great room for cooking or visiting with family and friends. The master bedroom is spacious with a private bath and plenty of closet space. One of the key rooms in this home is the 4-seasons room facing east. This space is surrounded by windows on 3 sides and includes heat and ac. It's a great addition to the home! Between the kitchen and attached garage you'll find a flex-room that easily serves as a mudroom/workshop/play room. Updates and Upgrades: Replacement windows. Roof 2019, Fence 2021, Decking/ramp off sunroom 2022, luxury vinyl plank flooring 2020, dishwasher 2023, refrigerator 2021, microwave 2020, disposal 2021, backyard regraded 2021, new blinds 2022.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017