3737 Arnold Street
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 30, 2023 | Sold | ||
| Sold | |||
| Jun 30, 2022 | Listed by Martha Turner Sotheby's International Realty | $3,399,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Fantastic pre-construction opportunity by award-winning Covington Builders in a prime location of West U! This perfect location is nestled in the heart of Sunset Terrace between Auden and Edloe on a large 7461 SF lot with a pool size backyard. Plans available but buyers can get in on it now to modify and all selections/finishes can be selected. 4/5 BRs, 4.5 baths + study and large gameroom over garage, brick and stucco exterior, cedar clad garage door, quartz counters, 12" wood flooring & tile throughout, Sub-Zero fridge, 48" Wolf range, 2 Asko dishwashers, U-Line Beverage Center and Summer kitchen. Separate bar area, mudroom, butlers pantry all have plenty of cabinets/drawers for storage, high end lighting, hardware & plumbing fixtures. Elevator capable. Only 4 blocks from West U Elementary, library, Huffington Park and West U little league fields! Please contact listing agent if you have someone that wants to build their dream home in one of the best locations in West U!
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017