2831 Arica Lane
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 7, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2022 | Listed by Keller Williams Realty - Memor | $252,000 | |
| Listed by Keller Williams Realty - Memor | |||
| | |||
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Never Flooded!!! Beautiful 2015 built contemporary corner lot home offering many custom features. Open floor plan boast of high ceilings with stunning archways, built in art niche, and recess lighting. Kitchen features 42 inch cabinets, decorative backsplash, and is open to the breakfast area. Spacious family room and a raised counter bar for extra seating. Tons of natural lighting and views of the covered patio with no back neighbors. This ideal family-friendly floor plan is a must-see, schedule your appointment today!!!
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Feb 13, 2021 | In contract | - | |
| In contract | |||
| Feb 1, 2021 | Price Decreased |
$1,800
↓ $50
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017