4448 MACARTHUR BLVD
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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 |
|---|---|---|---|
| Mar 19, 2021 | No longer available | - | |
| No longer available | |||
| Mar 10, 2021 | Listed | $599,000 | |
| Listed | |||
| | |||
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HEIDI KEARSLEY - Agt: 510-706-2937 - I'm betting that once you walk through the front door, you'll be smitten! Throw on your cozy clothes and fuzzy sox to pad around newly refinished, sustainable bamboo floors. Check out the coved ceilings and wainscoting in the dining room; details befitting the original 1921 style. Clean lines and calming colors throughout. An updated kitchen with chalkboard wall for fun! large pantry has plenty of room to get your canning or home-brew going. You've got new double-pane windows, a solar heating and cooling system and a new roof. With the gentle white noise of the ocean in the background (i.e., the soft sound of distant traffic), this yard is the perfect place for friendly gatherings, BBQs, game nights, ping pong tournaments, or even croquet. Garden in your raised beds with veggies to feed the family. Did you say ADU? A huge garage with a new roof is waiting for your ingenuity; create a separate living space, home office, or man cave. Or get crafty in a she-shed. You have options here! The manager has listed the unit size as 1176 square feet.
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| May 10, 2013 | Sold | ||
| Sold | |||
| Mar 27, 2013 | Listed by MICHAEL JAMES COMPANY, INC. | $339,000 | |
| Listed by MICHAEL JAMES COMPANY, INC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017