3741 CULP Drive
About This Property
Well maintained brick and block front home with solid concrete block construction in established neighborhood. Hardwood floors throughout. Oversized brick fireplace in den. Kitchen has original solid wood cabinets and stainless appliances. Guest bath is original but in mint condition. Master bath remodeled and is ADA compliant. Close to schools and a boat ramp. This home is move in ready and waiting for your family!
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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 |
|---|---|---|---|
| Oct 12, 2018 | Sold | ||
| Sold | |||
| Aug 20, 2018 | Listed by FLORIDA LIFESTYLES REALTY | $136,000 | |
| Listed by FLORIDA LIFESTYLES REALTY | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017