3202 Ann Arbor 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 |
|---|---|---|---|
| Jul 5, 2023 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by Fortune Investment Properties | $625,000 | |
| Listed by Fortune Investment Properties | |||
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This charming, luxurious, well-maintained property that has been renovated with fresh paint sits on one of the largest lots in the area and has a driveway that fits 11 cars!! Updated 2-story house. It has four bedrooms, 2.5 baths, and a 2-car garage with a large backyard and a covered patio/deck. It displays excellent curb appeal. The property is equipped with a primary bedroom and bathroom, and an entire room converted into a large open master closet with LOTS of custom shelving and drawers, a study/office, a family area, formal dining, a kitchen with breakfast room and bar, and a den and utility on the 1st floor. With the additional two beds (one room equipped with a small balcony), one full bath, on the 2nd floor! The kitchen has ample granite counter space, cabinets, and a food pantry and is open to the family room, Spacious bedrooms, and an extra kitchenette in the closed-in sunroom/gym area. Only minutes away from major highways, shopping, and dining, minutes from Galleria Area!!
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| Feb 18, 2022 | Sold | ||
| Sold | |||
| Jul 27, 2021 | Listed by MIH REALTY, LLC | $575,000 | |
| Listed by MIH REALTY, LLC | |||
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The property sits on 1 of the Largest Lots in the area that has a driveway fitting 11 cars!! Charming, Luxurious, well-Maintained, updated 2-story tucked in the quiet Briarmeadows community. It has 4 bedrooms, 2.5 baths, with 2 car garage, large backyard, and covered patio/deck. It displays great curb appeal- with the nicely landscaped front yard. The property is equipped with the Master bedroom/bathroom, full room converted into a Large Open Master Closet with LOTS of custom shelving/drawers, Study/Office, Family area, formal dining, kitchen w/ breakfast room & bar, den & utility on 1st floor. With the additional 2 beds (one room equipped with a small balcony), 1 full bath, on the 2nd floor! Your next kitchen has ample granite counter space, cabinets, food pantry, and is open to the family room, perfect for entertaining. Spacious bedrooms, extra kitchenette in the closed-in sunroom/gym area. Minutes from major highways, shopping, and dining!!! MOTIVATED SELLER Schedule Tour Today!
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| Jul 16, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017