397 Arapaho DR
About This Property
Step outside to your own private retreat – an outdoor patio with a screen for movie nights, a sparkling pool, and a relaxing hot tub, perfect for unwinding after a long day. Enjoy direct access to scenic walking trails right behind the home, making it easy to embrace the beauty of nature.
This home is ideal for hosting gatherings or simply enjoying quality time with loved ones. Don't miss out on this rare opportunity – schedule your showing today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 13, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Price Decreased |
$750,000
↓ $25K
(3.2%) | |
| Price Decreased | |||
| Mar 11, 2025 | Listed by Wave Realty Group | $775,000 | |
| Listed by Wave Realty Group | |||
| Aug 29, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jul 29, 2024 | Price Decreased |
$825,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017