5037 Toftrees 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 |
|---|---|---|---|
| Sep 13, 2023 | Sold | ||
| Sold | |||
| Jul 21, 2023 | Listed by Stryve Realty | $499,900 | |
| Listed by Stryve Realty | |||
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$10,000 Buyer Incentive for the right offer! Discover the epitome of luxury living in this stunning oasis nestled within the sought-after gated Toftrees addition of Arlington. This elegant cul-de-sac home features an inviting pool in the backyard retreat, an open concept kitchen flowing into a living space with vaulted ceilings and abundant natural light. The primary suite boasts a sitting area opening to the pool, complemented by a lavish ensuite with dual vanities, separate shower, and a large walk-in closet. A versatile dining room or office enhances functionality. Upstairs, the second living space can serve as a media room or a home gym and is accompanied by three bedrooms and two full baths radiating around a central landing area. This beautiful and well-maintained home is a must see. Welcome home to your dream retreat!
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About West Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017