3151 Arroba Way
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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%.
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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 |
|---|---|---|---|
| Oct 21, 2020 | No longer available | - | |
| No longer available | |||
| Oct 8, 2020 | Listed | $1,089,000 | |
| Listed | |||
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Scott Bui - 408-712-4205 - Immaculate showroom quality home in the desirable Cambrian Neighborhood, nestled in a friendly and peaceful street. Close to Campbell, Willow Glen, and Los Gatos. Short commute to surrounding High Tech companies. Renovated throughout and move-in-ready with an open floorplan. Completely new Central Air System, AC, and all ductworks. Nest Thermostat. New Kitchen with Quartz Countertop, Waterfall Peninsula Bar, and Stainless Steel Appliances. Gas Range. Spacious Bath with Double Sink. LED Recessed Lighting throughout. Dual Pane Windows throughout. Brand New Stainless Steel Laundry in garage. 2-Car Garage with new tile flooring. 220V Electric Car Charger in garage. Brick BBQ pit and storage shed in backyard. Clean Inspection Reports. Come and see for yourself. The manager has listed the unit size as 1140 square feet.
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| Jul 10, 2020 | Sold | ||
| Sold | |||
| Apr 24, 2020 | Listed by Intero Real Estate Services | $899,000 | |
| Listed by Intero Real Estate Services | |||
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SALE PRICE JUST NOW SLASHED - Down to $899,000 Seller is tired of fooling around. Great location, Great neighborhood. And as they say, Great bones as well. Client has this home VERY AGGRESSIVELY PRICED for a fast sale. Does need some updating which is reflected in the WELL BELOW market pricing. Bordering Cambrian and Willow Glen, this home is close to top schools, Kirk Park, Zanotto's Willow Glen Market, fine dining, great commute location, and so much more. Excellent investment property or ideal first time buyer looking for a fun project and projecting their own stamp on the upgrades. Currently has tenants living there so have your agent call regarding visits during this Covid situation. We had a significant number of professional photos taken to give you an excellent idea as to the layout and floor plan. A DON"T MISS opportunity.
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| Feb 6, 2019 | Sold | ||
| Sold | |||
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About Willow Glen
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017