4967 EMPIRE Avenue
About This Property
System updates include Roof 2018, RHEEM HVAC 2018, rewired Electric Panel 2024, Vinyl Windows, Exterior House Painted 2022, Gas Fireplace with Chimney 2017, Rinnai Gas Tankless Water Heater, Fenced backyard 2022, Chicken Coop/Shed 2024. Laundry Room added to interior 2021, Central Vacuum System, Whole House Water Filtration System nonsalt with UV filter, Septic tank pumped December 2024, paver sidewalk and paver parking spaces by the street 2024. See attached Document for more details.
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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 |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| May 10, 2025 | In contract | - | |
| In contract | |||
| Apr 26, 2025 | Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | $649,000 | |
| Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | |||
| Apr 18, 2016 | Sold | ||
| Sold | |||
| Sep 22, 2015 | Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | $259,900 | |
| Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017