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4258 Arlington Avenue
About This Property
The thoughtfully designed layout features 5 bedrooms and 3 bathrooms upstairs, providing ample space for family or guests, while the main level offers an additional bedroom and full bath--perfect for multi-generational living or a private office setup.
This home has fantastic bones and is ready for your personal touch. Major updates include a roof installed in 2016 and a highly efficient cooling system with 10 interior mini-split units supported by 3 exterior condensers, allowing for customized comfort throughout. Tucked away at the end of a dead-end street, you'll enjoy peace, privacy, and minimal traffic--all while having the space to bring your vision to life. Beautiful 2.8-acre property filled with established fruit trees, edible plants, and garden features! Enjoy blackberries, grapes, mulberry, jelly palm, peaches, Surinam cherry, loquats, sugar cane, cranberry hibiscus, bananas, golden berry, oregano, lemongrass, tapioca root, pigeon pea, roses, fire bush, and more. The property also includes 8 gardening beds, making it ideal for anyone who enjoys gardening, homesteading, or outdoor living.
With an acceptable offer, the seller is willing to leave 10 chickens, a 6-seater UTV, zero-turn mower, 4x8 yard trailer, and yard sweeper -- giving the next owner a great start to enjoying the property right away.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017