43264 Arolo Way
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 |
|---|---|---|---|
| Dec 23, 2020 | Sold | ||
| Sold | |||
| Jul 23, 2020 | No longer available | - | |
| No longer available | |||
| Jul 21, 2020 | Listed by Prime Properties of the Desert | $459,000 | |
| Listed by Prime Properties of the Desert | |||
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Great opportunity to relax and enjoy desert resort living at Four Seasons Terra Lago. ! With over $70,000. builder and homeowner upgrades, this home is beautifully detailed and move in ready. The kitchen is a chef's dream with upgraded appliances and huge breakfast bar opening to the family room for entertaining. This light, bright open floor plan offers 3 bedrooms with 3 full baths. Landcaping is maintenance free with pavers front and rear and an awesome orchard area. This is one of the largest lots in the community!
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| Feb 15, 2020 | Listed | $474,900 | |
| Listed | |||
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Great opportunity to relax and enjoy desert living at Four Seasons Terra Lago! With over $70,000 in builder and homeowner upgrades, this home is beautifully detailed and move in ready. The kitchen is a chef's dream with upgraded appliances and huge breakfast bar opening to the family room for entertaining. This light bright open floor plan offers 3 bedroom with 3 full baths. Landscaping is maintenance free with pavers front and rear and an awesome orchard area. If you are handy, you will enjoy the custom workshop in the garage. Four Season offers incredible amenities such as a state-of-the-art fitness center with an aerobics/yoga studio, ballroom, beauty salon with massage room, and an indoor pool. Outdoors, you will find a resort-style pool with spa and cabanas, a bocce ball court, tennis courts, and so much more! This guard gated active adult community features fun activities, clubs, and events for all your interests including crafting, games, and more. Come take a look! The manager has listed the unit size as 2445 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017