3750 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 8, 2024 | Sold | ||
| Sold | |||
| Oct 9, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $2,499,000 | |
| Relisted | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by Martha Turner Sotheby's International Realty | $2,499,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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One of the best locations in West U in the coveted 3700 block! 5/5 home + study on a 7500 SF lot, great curb appeal, large front porch, handy porte cochere that fits 2 vehicles with auto gate, detached garage with 1/1 studio apartment above (adds 529 additional SF per HCAD) & private backyard! Wide foyer w/ Herringbone pattern hardwood floors in the entry & wood/tile throughout the downstairs, high ceilings, spacious study with mahogany paneling, large family room w/ fireplace and a wall of windows with views of the backyard, lots of built-ins, storage & drawers. Open kitchen w/ island, abundance of cabinets & butler's pantry w/ additional refrigerator. HUGE primary bedroom (23X18) w/ vaulted ceilings, great windows & 2 large walk-in closets. The updated primary bath features a garden tub, granite counters & a spacious shower. Recent windows & roof + 2 water heaters. Only 4 blocks from West U Elementary, library, Huffington Park and West U little league fields!
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017