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2903 E Mitchell Street
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 17, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Listed by Keller Williams Realty | $265,000 | |
| Listed by Keller Williams Realty | |||
| Jan 29, 2026 | No longer available | - | |
| No longer available | |||
| Jan 26, 2026 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Listed by Real Broker, LLC | $240,000 | |
| Listed by Real Broker, LLC | |||
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This home is great for first-time buyers, investors, or short-term rental (Airbnb) hosts. Solar panels will be paid at closing. This 3-bedroom, 2-bath property needs just a little TLC, but all major components are in working order, giving you a solid foundation to create your ideal space. Located minutes from AT&T Stadium, Globe Life Field, and this home is surrounded by exciting new developments, shopping, and entertainment. Whether you want to customize for your family or generate rental income, the location and structure make it an excellent investment. Seize the chance to own in a prime Arlington location. Seller willing to give concessions for flooring.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017