38 Arbor Way
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 |
|---|---|---|---|
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | In contract | - | |
| In contract | |||
| Jan 17, 2024 | Listed by Northeast Properties | $649,000 | |
| Listed by Northeast Properties | |||
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This expanded cape sits on one of the most PICTURESQUE cul-de-sac neighborhoods you could possibly find. The thoughtfully designed kitchen includes fine cabinetry with custom glass and accent lighting, granite counters, and great modern appliances. A few steps off the kitchen you'll find your very own BAR ROOM fully equipped with a sink, refrigerator, and enough space for all your closest friends and family to hang out. The remainder of the main living level has hardwood floors throughout, and includes a dining room and office with well-crafted finishes. The main level also includes the MASTER BEDROOM & bath, and on the upper level you'll find 3 large and bright bedrooms with wall to wall carpeting, bathroom, and balcony seating area. The garage has two bays and a third bay has been finished as an OFFICE SUITE with it's own FULL BATH and could be used for just about anything. I'm out of space to describe the exterior but you should come check it out this SATURDAY (1/20) or SUNDAY (1/21
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| Nov 1, 2002 | Sold | ||
| Sold | |||
| May 18, 1989 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017