346 Arcadia Road
About This Property
The main level includes three spacious bedrooms, beautifully refinished hardwood floors, new recessed lighting throughout, updated bathroom and more. The full, finished lower level expands your living space with a recreation room, a full updated bathroom, fourth bedroom with egress window and a flex room that can be used as a home office, or whatever suits your needs. Both levels combined offer 2,466sqft +/- of finished space. Outside, enjoy a private retreat with a brick patio and pergola, an inground pool featuring a new liner, filter and decking, fresh front landscaping, and a newer paved driveway. A detached 2-car garage with attic adds convenience and additional storage solutions. This home blends modern updates with classic charm, ready for you to move in and make it your own. Don't miss the chance to explore this property-schedule your showing today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017