32 Appleton St
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 |
|---|---|---|---|
| May 10, 2023 | Sold | ||
| Sold | |||
| Mar 22, 2023 | In contract | - | |
| In contract | |||
| Feb 28, 2023 | Listed by Gibson Sotheby's International Realty | $1,349,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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One of the most notable houses in Arlington, The Wilson W. Fay house is a Greek Revival home constructed circa 1860 and still offers many of its original features and details that include marble fireplaces, high ceilings, oversized windows, and traditional detailing. This magnificent home was built as a single family but is located in a R2 zoning district and has been used as a single family with an attached apartment for many years. The main house has 4 levels of living space with a total of 9+ rooms, including a gracious living room and fabulous dining room, there are 5 bedrooms and 2 1/2 bathrooms. The two level apartment has a living room, a kitchen, 1 bedroom and 1 1/2 bathrooms and is perfect for rental income, in-law suite, au-pair suite, or easily convert the home back to a magnificent single family home. The owner has done a wonderful job as a steward to the home making numerous improvements and renovations to the home while maintaining the essence of its charm & character.
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| Oct 27, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 7, 2022 | Listed by Gibson Sotheby's International Realty | $1,395,000 | |
| Listed by Gibson Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017