3723 Arpa Street
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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 |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| May 18, 2024 | In contract | - | |
| In contract | |||
| Apr 9, 2024 | No longer available | - | |
| No longer available | |||
| Apr 8, 2024 | Listed by Sparrow Realty | $470,000 | |
| Listed by Sparrow Realty | |||
| Feb 15, 2024 | Listed by Sparrow Realty | $499,900 | |
| Listed by Sparrow Realty | |||
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OFFERING AN ASSUMABLE VA LOAN AT 2.75% TO VETERANS. Like new Perry home w/ gorgeous open floor plan w/ tons of natural light. Tall wall of windows overlooks oversized backyard from living room. 12 ft. ceilings & wood like tile throughout living space. Shaker cabinets, large island, quartz countertops, gas stove, built in stainless steal appliances, tons of storage, & open concept to the living room. Fridge will STAY with home. With the massive island offering great seating & the breakfast area right off the living room, entertaining will be a breeze. Upgrades galore in this home: designer light fixtures, fully tiled bathtubs, lux hardware, large walk in closets, recessed lighting, two walk in closets in the primary, fully bricked home, & more. One thing that sets this home apart from most homes in this neighborhood is the size of the yard & that it is a huge corner lot. There are no side neighbors. On top of that luxury, this home has an amazingly huge covered patio.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017