490 Arbors Circle
About This Property
stand out among its neighbors. The house sits on 2.2 tree-filled acres, which offer both privacy and room for adventure. In 2016, the pool was added, providing – along with the generous covered patio. The home's 4,094 square feet consist of 3 bedrooms, 3 full baths, an office/flex space, generous living and dining areas, & a 3-car garage.. The kitchen itself enjoys the same view and -- along w/ its distinctive cabinets -- boasts an oversized island, granite counters, an impressive
pantry, & built-in desk. Hardwood floors run throughout the main spaces and stairwell and – have recently been refinished. The main-level primary bedroom and ensuite are a spacious escape with a large walk-in closet. The secondary bedrooms, full bath, and office/flex space are on the home's second level.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 6, 2023 | Sold | ||
| Sold | |||
| Apr 5, 2023 | Listed by Horizon Realty | $799,900 | |
| Listed by Horizon Realty | |||
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COMMUNITY OPEN HOUSE ~ SATURDAY, JUNE 3RD ~ 1-3 P.M.. Come tour all the homes for sale within The Arbors at Dogwood Creek. Originally built in 1998, 490 Arbors Circle is a classic beauty and a true
stand out among its neighbors. The house sits on 2.2 tree-filled acres, which offer both privacy and room for adventure. In 2016, the pool was added, providing – along with the generous covered patio. The home’s 4,094 square feet consist of 3 bedrooms, 3 full baths, an office/flex space, generous living and dining areas, & a 3-car garage.. The kitchen itself enjoys the same view and -- along w/ its distinctive cabinets -- boasts an oversized island, granite counters, an impressive
pantry, & built-in desk. Hardwood floors run throughout the main spaces and stairwell and – have recently been refinished. The main-level primary bedroom and ensuite are a spacious escape with a large walk-in closet. The secondary bedrooms, full bath, and office/flex space are on the home’s second level.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017