5113 Lester Drive
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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%.
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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 |
|---|---|---|---|
| May 29, 2024 | Sold | ||
| Sold | |||
| May 6, 2024 | In contract | - | |
| In contract | |||
| Apr 15, 2024 | Listed by Real | $269,900 | |
| Listed by Real | |||
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Don't miss this quaint, cozy 2 bedroom,2 bath,2 car garage home nestled in West Arlington within the Martin school attendance zone!
Phenomenal location close to Interstate 20 just minutes from Lake Arlington, Freeway access to Shops, Hospital and 30 min to Dallas or Ft. Worth.
This Home features Open Concept at Living, Dining and Kitchen and a large Primary Suite that features a Seating Area and jetted tub .
Kitchen is light and bright with breakfast area and lots of windows. French Doors welcome you to the extended patio with large treed yard. Sprinklers present. Buyer to verify all. Quick possession available .
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| Aug 13, 2021 | Sold | ||
| Sold | |||
| Apr 6, 2021 | Listed by Opendoor Brokerage, LLC | $226,000 | |
| Listed by Opendoor Brokerage, LLC | |||
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This Arlington one-story cul-de-sac home offers a patio, and a two-car garage. Home utilities may be turned off due to weather conditions. This home has been virtually staged to illustrate its potential
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About West Arlington
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14549194
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017