Lot 4 Arline Dr
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 |
|---|---|---|---|
| Sep 29, 2011 | Sold | ||
| Sold | |||
| Apr 18, 2011 | Listed by RE/MAX Real Estate Center | $389,900 | |
| Listed by RE/MAX Real Estate Center | |||
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Ready in time for the school Year! Delivered 08.31.2011 brand new home that has everything you have talked about, the space for you & the kids, the 2 car garage, the accommodation of guests, the granite countertops, the hardwoods, the stainless steel appliances, the air conditioning the fireplace, the walk in closet, the study, the composite deck, irrigation system and more.. beautiful home on a tranquil cul-d-sac ...this is a no-brainer!
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