392 ARORA Boulevard
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 |
|---|---|---|---|
| Nov 1, 2024 | No longer available | - | |
| No longer available | |||
| Jul 27, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jun 17, 2024 | Price Decreased |
$279,000
↓ $20K
(6.7%) | |
| Price Decreased | |||
| Jun 6, 2024 | Listed by LOKATION | $299,000 | |
| Listed by LOKATION | |||
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This hidden gem in the Meadowbrook community boasts 2 bedrooms with the potential for a third, making it an ideal canvas for unleashing your creative vision. This beautifully renovated property features a spacious 10x20 storage unit located at the back of the house. Along with 2 bathrooms, this ranch-style home is loaded with potential just waiting to be tapped into. Set on almost a quarter-acre of land, there's plenty of room to let your dreams run wild and turn this house into the envy of the neighborhood. This property boasts a new roof, new plumbing, new appliances, new flooring, etc. Everything is brand new!
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| Sep 25, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017