3103 Mcarthur 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 |
|---|---|---|---|
| Jun 6, 2024 | Sold | ||
| Sold | |||
| Apr 20, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by Texas Home Shop Realty | $170,000 | |
| Listed by Texas Home Shop Realty | |||
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Welcome to your next investment opportunity! This spacious one-story, four-bedroom, two-bathroom home is a diamond in the rough, just waiting for your vision to transform it into something truly special. Nestled on a generous lot, this property boasts a huge backyard, perfect for outdoor entertaining, gardening, or even the addition of a pool or deck. While this home is in need of some TLC and updates, its potential is undeniable. With ample space both inside and out, there are countless possibilities to customize and maximize its value. Located in a desirable neighborhood, this home is conveniently situated near schools, parks, shopping, and dining options, making it an attractive prospect for buyers and renters alike. Don't miss out on this investor special – seize the opportunity to unleash the full potential of this property and reap the rewards. Schedule a viewing today and start envisioning the possibilities!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017