3820 38th Street
About This Property
The property includes a 2-car garage, providing convenient parking and storage options. Situated on a large lot, the home boasts a clean and updated interior, making it move-in ready for potential buyers. Its modern updates enhance both functionality and aesthetics, appealing to those looking for a hassle-free transition into their new home.
Overall, 3820 38th Street presents an excellent opportunity for homeownership, characterized by its spacious layout and readiness for immediate occupancy. Call an agent to view today.
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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 |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by Brand Realty, LLC | $195,000 | |
| Listed by Brand Realty, LLC | |||
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3820 38th Street in Port Arthur is a well-maintained single-family home featuring 3 bedrooms and 2 bathrooms. Spanning over 1,400 square feet, this residence offers ample living space suitable for buyers seeking comfort.
The property includes a 2-car garage, providing convenient parking and storage options. Situated on a large lot, the home boasts a clean and updated interior, making it move-in ready for potential buyers. Its modern updates enhance both functionality and aesthetics, appealing to those looking for a hassle-free transition into their new home.
Overall, 3820 38th Street presents an excellent opportunity for homeownership, characterized by its spacious layout and readiness for immediate occupancy. Call an agent to view today.
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About Port Arthur
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Last Updated: 6 months ago
Data Source: HAR , MLS# 74811626
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017