315 Barnes 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 |
|---|---|---|---|
| Apr 7, 2023 | Sold | ||
| Sold | |||
| Feb 21, 2023 | Listed by JPAR Arlington | $150,000 | |
| Listed by JPAR Arlington | |||
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Amazing opportunity to own a quarter of an acre lot! Welcome to this beautiful move in a ready brick home built in 2008, located in a quiet and established residential neighborhood. This charming home features 3 bedrooms, 2 full bathrooms, a great size kitchen with gorgeous quartz countertops, all stainless steel appliances, freshly painted inside and out, tile throughout and no carpet, cozy covered patio and a long driveway to park several vehicles. Let’s not forget the spacious backyard that comes with a built-in pool deck ready for your custom pool ideas! Home is conveniently located near Jr & Sr High schools with easy access to Hwy 84 and I-45. This is a great starter home or an excellent addition to your rental portfolio! Price to sell and will not last long!
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| Jan 25, 2023 | Sold | ||
| Sold | |||
| Nov 4, 2022 | Listed by CLAY STAPP + CO | $90,000 | |
| Listed by CLAY STAPP + CO | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017