3206 Arbor 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 |
|---|---|---|---|
| Oct 7, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 17, 2024 | Listed by Word Realty | $549,000 | |
| Listed by Word Realty | |||
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Location is key for this newly renovated home in a sought after neighborhood near Universities, Stadiums, and Medical Center. Situated in a cul de sac, this property boasts updated interior features such as PEX piping, new roof, appliances, and light fixtures. The original wood floors, luxury vinyl tile, and porcelain tile add to the charm, along with quartz countertops and 2 Hvac 14 seer A/C units pre-wired for landline and cable TV. Additionally, the home includes a garage apartment with granite countertops, Kraftmaid cabinetry, living room, and a bedroom with great views. Don't miss out on this exquisite opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017