48 Martin Drive
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 |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Jul 27, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by Keller Williams Realty Partner | $469,000 | |
| Listed by Keller Williams Realty Partner | |||
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Perched up on a hill in the Noxon Knolls development, heart of LaGrange, Arlington schools, sits this brick home featuring 3300 SQ FT of finished space, oak flooring throughout the entire main floor, formal dining room with slider egress to the patio area, perfect for entertaining, laundry/mud room, central air, expansive master with full en suite update bath, 3 well sized bedrooms and a main bath with double vanities. Amazing mother/daughter potential with fully finished lower level with spacious family room centered around a wood burning fireplace, powder room, perfect gym/office/flex space and access to your oversized 2 car garage with added storage space behind. Exterior features mature landscaping throughout, level backyard and newer gutters. Excellent location, just off of Noxon Rd., minutes to Taconic PKWY, less than an hour and half drive to Manhattan, close to all shopping, schools, culinary grade restaurants and more! Municipal water & sewer! THIS WILL NOT LAST!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017