501 ARBOR COURT
About This Property
The updated kitchen shines with quartz countertops, stainless steel appliances, gas cooking, and a fresh, modern feel. A convenient laundry room is located just off the kitchen for added functionality.
This home includes four spacious bedrooms, all outfitted with new plush carpeting and ceiling fans. The primary bedroom features its own private half bath, while the large hall bathroom offers a full tub and plenty of space.
Step outside to a fully fenced backyard with a covered patio just off the kitchen - ideal for outdoor dining, entertaining, or simply enjoying your morning coffee. A large driveway provides parking for 3–4 cars.
Perfectly situated in a convenient location close to shopping, dining, and major commuter routes, this move-in ready home offers the ideal blend of comfort, style, and accessibility - all in sought-after Edgewood Meadows.
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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 |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Mar 8, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Listed by Berkshire Hathaway HomeServices Homesale Realty | $299,900 | |
| Listed by Berkshire Hathaway HomeServices Homesale Realty | |||
| Nov 6, 2025 | In contract | - | |
| In contract | |||
| Oct 28, 2025 | Price Decreased |
$260,000
↓ $10K
(3.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017