3724 Arapaho Pl
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 28, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by Compass | $1,895,000 | |
| Listed by Compass | |||
| Jul 29, 2022 | No longer available | - | |
| No longer available | |||
| Jun 18, 2022 | Listed by Lily Quan | $1,960,000 | |
| Listed by Lily Quan | |||
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Located on one of the most sought-after streets w/in The Foothills. This light, bright, highly upgraded home offering open concept living at its finest w/ over $250k in upgrades. Community amenities include heated, palm tree-lined pool, spa, children pool, fireplace, tot lots, BBQ, (2) tennis courts, 5 parks, connected to miles of hiking trails. As you enter, the entrance lined w/shiplap, high quality carpenter work in moulding, casing, paneling. The thoughtful designed office built-ins at downstair offie is a great place to work from home. Green features include NEST thermostats, Tesla solar panels need to resign agreement. Fiber internet available. Cozy courtyard has entertaining built-ins: beverage fridge, TV, kegerator, gas fireplace on pavers & trellis. Backyard boasts sparkling, designer tiled pool & spa, where quintessential So-Cal living is achieved. Mature, aesthetic, landscaping provide privacy. Kitchen is open to family room where entertaining is easy. SS appliances, custom pantry door to match eat-in kitchen Island. Quartz countertop, decorative backsplash, subway tiles, KitchenAid 6 cook-top, GE Profile oven, large pull-out Shaker style drawer cabinets. Upstairs has a bonus loft w/ great natural lighting, laundry room w/ sink, shared bathroom has dual sinks. Both secondary BDs are good size w/ generous closet space. Primary room is large Ensuite w/ (2) walk-in closets, soak tub & dual sinks. This home was designed w/ family & entertaining in mind. Biking distance to highly-rated Sage Creek High School. Must Tour. The manager has listed the unit size as 2822 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017