4602 ARABIA AVENUE
About This Property
Welcome to this Classic 1930's Brick Home Located in the Walther Neighborhood. The home has three large bedrooms, one and a half bathrooms, newer windows, hardwood floors throughout and over 1600 square feet of living space. The separate living room and dining room has lots of room for entertaining. There is a finished basement with a wet bar and a walkout to a great backyard and large parking pad. The backyard is also accessible from the kitchen side door. The front porch is perfect for more entertaining space or to just sit back and relax. Some of the Recent Improvements Include: the Sewer Line was Replaced a Few Years Ago at a Cost of 11,000., the Outside of the House was Just Painted, the Basement Half Bath was Remodeled and the Roof has Been Refreshed. Arabia Avenue is Waiting for You!
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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%.
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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.
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 3, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Aug 18, 2025 | Relisted | $229,500 | |
| Relisted | |||
| Jul 23, 2025 | In contract | - | |
| In contract | |||
| Jun 29, 2025 | Listed by Coldwell Banker Realty | $229,500 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Northeastern Baltimore
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017