4507 Rockland Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Feb 14, 2023 | Sold | ||
| Sold | |||
| Jan 11, 2023 | Listed by Orchard Brokerage | $310,000 | |
| Listed by Orchard Brokerage | |||
| Dec 3, 2022 | No longer available | - | |
| No longer available | |||
| Nov 27, 2022 | Price Decreased |
$330,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Nov 12, 2022 | Listed by Austin Realty Consultants, LLC | $340,000 | |
| Listed by Austin Realty Consultants, LLC | |||
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Meticulously maintained home in highly desired Martin High School. Nestled in sleepy cul de sac, this home has side entry garage, additional parking for trailer or boat. Spacious living has high ceilings making it open, light and bright. Second living downstairs has gorgeous rock fireplace with live edge mantel and pool views. Powder bath downstairs for guests. Bar area features wine fridge. Formal dining could be office or game room. Large kitchen has updated stainless oven, stainless microwave and breakfast room. Split primary bedroom upstairs for privacy. Relax in deep soaking tub after a long day. Loft living space is ideal for playroom or kid's game room. Large bedrooms with nice size closets. Outside entertaining area has wood deck wired for hot tub, covered cabana area and pool bar. In ground gunite salt water pool with water features and cover is perfect for summer. Ample yard left over. Tons of storage. Garage has workshop that can be removed for additional parking. Must see! The manager has listed the unit size as 2157 square feet.
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About West Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017