29 Arbor 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 |
|---|---|---|---|
| Sep 10, 2024 | Sold | ||
| Sold | |||
| Aug 17, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Price Decreased |
$765,000
↓ $55K
(6.7%) | |
| Price Decreased | |||
| Jul 19, 2024 | Price Decreased |
$819,999
↓ $45K
(5.2%) | |
| Price Decreased | |||
| Jul 9, 2024 | Listed by Concept Properties | $864,999 | |
| Listed by Concept Properties | |||
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Move-in ready! This desirable Floral school neighborhood Cape features a beautifully maintained corner lot with numerous upgrades. Enter through the front door into a bright grand entryway leading to a spacious living room with a fireplace. The dining room opens to the outdoor deck, and the kitchen has stainless steel appliances, granite countertops, a pantry, and access to the two-car garage. The first floor includes the primary bedroom with walk-in closets and a full bathroom. Upstairs, there are two generously sized bedrooms and another full bathroom. The finished lower level offers an entertainment area with walkout access, two additional rooms, another bedroom, an office, the utility room, and a full bathroom. Conveniently located near major routes, restaurants, schools, and stores. Photos are virtually staged.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017