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$390,000
● House - Off Market

488 Washington

bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,580 Ft²
$990,015
RealtyHop Estimate
147.57%
Since Sep 1, 2002
National-US
Primary Model

About This Property

REALLY NEAT! OLD CHARACTER IS FULLY UPDATED & EASY TO MANAGE LARGE EAT-IN KITCHEN OPEN TO FORMAL DINING & PRIVATE YARD SPARKLING HWD FLOORS. HIGH CEILINGS. SECRET POTTING GARDEN GREAT 3RD FL FAMILY RETREAT/OFFICE/TEEN/GUEST ROOM. GARAGE
Unit Size
1,580 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$253
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 5 years ago (MLSPIN #30615588)

Price History

Date / Event Date Event Price
Aug 15, 2002 Sold
Premium
Sold
Jun 7, 2002 Listed by Coldwell Banker Realty - Arlington $399,900
Listed by Coldwell Banker Realty - Arlington

Property Highlights

Garage
Interior Details
Level: First
Width: 11
Length: 16
Features: Dining Area
Area: 176
Level: Second
Area: 40
Width: 5
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Length: 8
Area: 20
Features: Bathroom - Half
Length: 5
Level: First
Width: 4
Level: Second
Features: Flooring - Hardwood
Width: 10
Length: 11
Area: 110
Width: 8
Features: Flooring - Hardwood
Length: 11
Level: First
Area: 88
Features: Flooring - Hardwood
Width: 9
Length: 10
Area: 90
Level: Second
Length: 13
Level: First
Area: 156
Features: Flooring - Hardwood
Width: 12
Length: 20
Level: Third
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
Width: 12
Area: 240
Features: Flooring - Hardwood
Level: Second
Length: 14
Width: 11
Area: 154
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
Flooring Type: Wood, Tile, Vinyl
Laundry Features: In Basement, Washer Hookup
Rooms: 7
Basement: Full, Interior Entry, Bulkhead, Slab
Parking Details
Has Garage
Parking Features: Detached, Garage Door Opener
Garage Spaces: 1
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Single Family Residence
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Porch - Enclosed, Patio, Enclosed
Lead Paint: Yes
Lot Features: Corner Lot
Lot Size Area: 0.13
Lot Size Units: Acres
Lot Size Acres: 0.13
Zoning: RG
Parcel Number: 2504400001100000247, 897704
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 11
Tax Assessed Value: $313,900
Tax Annual Amount: $3,472
Utilities Details
Utilities: for Gas Range, for Gas Dryer, Washer Hookup
Cooling Type: None
Heating Type: Hot Water, Natural Gas
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Park, Walk/Jog Trails, Medical Facility

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 30615588
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