4003 Arafel LN
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 17, 2026 | Price Decreased |
$260,000
↓ $23K
(8.1%) | |
| Price Decreased | |||
| Aug 2, 2026 | Listed by Realty Texas LLC | $283,000 | |
| Listed by Realty Texas LLC | |||
| Dec 27, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Oct 4, 2025 | Listed by Real Broker, LLC | $290,000 | |
| Listed by Real Broker, LLC | |||
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Welcome to 4003 Arafel Lane, a beautifully designed 4-bedroom, 2-bath home that perfectly blends comfort, style, and convenience. ***Financing Opportunity***: This home features a VA assumable loan — must be assumable — offering eligible veterans or active duty military buyers the opportunity to take over the existing 4.5% interest rate (subject to lender and VA approval). Located in a highly sought-after community, residents enjoy access to a sparkling pool, playground, and open green spaces ideal for relaxing weekends or family fun. Inside, you’re greeted by an open concept layout with recessed lighting, ceramic tile flooring, and a spacious living area perfect for entertaining. The modern kitchen includes granite countertops, stainless steel appliances, an oversized island, and ample cabinet space ideal for everyday living or hosting guests. The primary suite offers a peaceful retreat with a glass enclosed shower and built in shelving. Each bedroom features faux wood blinds and plush carpet providing warmth and privacy throughout. Step outside to a covered patio and private fenced yard perfect for relaxing evenings or weekend cookouts. With a dedicated laundry room and energy efficient design, this home blends comfort with practicality. Don’t miss your chance to call this move-in-ready home yours — schedule your private showing at 4003 Arafel Lane today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017