4041 Appian Way
About This Property
Enjoy flexible living with a primary suite offering a generous en suite bath and an oversized walk-in closet, a comfortable secondary bedroom, and a dedicated home office-perfect for remote work or a hobby space. Relax year-round in the enclosed patio, where you can enjoy the outdoors without the bugs. A rare 3-car garage adds plenty of storage and parking flexibility. Located within walking distance to Veterans Park and just moments from the beloved Green's Produce Market, this home offers both convenience and charm. Whether you're a frequent traveler or simply looking to simplify your lifestyle, this is a perfect blend of comfort, functionality, and low-maintenance living. There are several flower bed areas for thos that love to dig in the dirt and new sod was recently added to the backyard. Come bring your decorating ideas and make this home yours!
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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 |
|---|---|---|---|
| Oct 28, 2025 | Sold | ||
| Sold | |||
| Oct 16, 2025 | In contract | - | |
| In contract | |||
| Sep 28, 2025 | Listed by RE/MAX Associates of Mansfield | $420,000 | |
| Listed by RE/MAX Associates of Mansfield | |||
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About West Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017