3013 Sprocket Drive
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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 |
|---|---|---|---|
| Jun 3, 2022 | Sold | ||
| Sold | |||
| Apr 8, 2022 | Listed by Ebby Halliday, REALTORS | $140,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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Unimproved COMMERCIAL lot located minutes from Interstate 20 and Cooper St. Lot zoned for commercial PD (Planned Development). Can be used for light industrial, warehouse, storage, etc. Lot is on the same street as Martin Sprocket & Gear. Lot has been platted with City of Arlington. Cross listed under commercial MLS 20028780
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About West Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017