372 Arcadia 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 |
|---|---|---|---|
| Sep 25, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by Signature Premier Properties | $549,999 | |
| Listed by Signature Premier Properties | |||
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Welcome to 372 Arcadia Drive in West Islip, within the West Islip School District. This charming Cape features 3 bedrooms, 1 full bathroom, a living room, a dining room, and a great-sized backyard perfect for endless summer nights! The home also includes a basement with laundry, utilities, and additional living space. The home needs a little TLC but has so much potential with the right vision. Close to all amenities. Don't miss this opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017