361 ARMAS Avenue
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 |
|---|---|---|---|
| Apr 22, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | Listed by PONTE VEDRA CLUB REALTY, INC. | $175,000 | |
| Listed by PONTE VEDRA CLUB REALTY, INC. | |||
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Welcome to 361 Armas Ave. Close to downtown on a lot and 1/2 with no HOA/CDD! Featuring large bedrooms, a HUGE closet in the master bedroom!
Generous indoor laundry room with washer/dryer and lots of storage. Sliding doors lead out to your shaded private deck. All doors, windows, siding and roof were replaced in 2021. Come make this home your own, or turn it into a perfect investment property!
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| Oct 10, 2014 | Sold | ||
| Sold | |||
| Apr 3, 2014 | Listed by HOME PLACE REALTY | $117,900 | |
| Listed by HOME PLACE REALTY | |||
| Jun 27, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017