29505 Arabian Avenue
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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jul 6, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | $120,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | |||
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Lovely wooded lot, just over 1.5 acres, on a cul-de-sac street in the heart of Saddle Creek Forest! No MUD taxes! Build the home of your dreams and enjoy the peace of the country with light restrictions in the neighborhood. Recreation facilities, ponds for fishing, and neighborhood entry gates for security are a few of the amenities available. Take a country drive and see for yourself!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017