2747 Arlington Avenue
About This Property
of an established neighborhood. This three-bedroom home features tile flooring
in all the high traffic areas. One of the many upgrades is a kitchen installed in the
past 12 months with soft closing drawers, quartz counters, and GE black slate
appliances. Canned lighting has been installed in the kitchen, living room and one
of the bedrooms. The hallway bathroom has been partially renovated with new
lighting and a new cabinet and sink. The master bedroom is already fitted with a
ceiling fan and has sliding doors for ease of backyard enjoyment. The house has
newer windows, and the water heater is only three years old. The backyard features
a covered and semi-covered patio, completely easy to maintain as it has been
finished in concrete; the rest of the backyard has been finished with pavers for a
warmer look, plus drains have been added so there is no water pooling when it
rains. The heated pool comes with a removable fence for safety.
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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 |
|---|---|---|---|
| May 7, 2020 | Sold | ||
| Sold | |||
| Mar 19, 2020 | Listed by REDFIN | $434,950 | |
| Listed by REDFIN | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017