40 Arnold Road
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 |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| May 6, 2024 | Listed by 5 College REALTORS® | $799,900 | |
| Listed by 5 College REALTORS® | |||
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Spectacular mid-century modern deck house with views to the west! This beautiful home is an original 1966 design by Deck House Inc. Offering 4 bedrooms and 2.5 baths with cherished spaces throughout. Fabulous beamed and vaulted ceilings, hardwood floors, living room with a wall of glass opening to the teak deck, encompassing the VIEWS! The custom kitchen is a cook's dream with cherry cabinets, with plenty of storage, generous counter space and a peninsula. This home was designed for entertaining! Three fireplaces, elegant dining room and office with a vista. The Primary suite has radiant heat, a wood stove and a fabulous bath with tiled walk-in shower, soaking tub and custom built-ins. Detached two car garage with additional home office above can double as studio and away space. Discover this nature sanctuary, nestled among the trees on 7.75 acres abutting Kestrel Trust land. Just a few miles to Amherst center!
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| Jun 27, 2002 | Sold | ||
| Sold | |||
| Oct 30, 2001 | Listed by 5 College REALTORS® | $390,000 | |
| Listed by 5 College REALTORS® | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017