519 ARRICOLA Avenue
About This Property
The kitchen gleams with beautiful Cambria quartz countertops, shaker-style white cabinets, sleek tile backsplash and stainless steel appliances and countless thoughtful touches to make life more comfortable. The owner's retreat is generously sized, and the ensuite has a beachy feel and a stunning walk-in shower with ceramic tile and glass plus a shimmering iridescent glass tile shower pan. The additional two bedrooms are spacious and light-filled complemented by the equally impressive second bath. The utility room, pantry space, roomy garage and extra storage space fit in like the final puzzle pieces in a masterful plan for efficiency. With no HOA or CDD fees to drain your budget, you are free to make life more of an adventure. The backyard is large enough for a pool and has alley access for easy boat or RV storage. Good insulation, modern HVAC and appliances, and tankless water heater result in lower energy bills in all-electric house. Purchase to use as a short term rental or keep for your own personal escape. Don't miss out!
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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 |
|---|---|---|---|
| Jan 27, 2023 | Sold | ||
| Sold | |||
| Oct 20, 2022 | Listed by eXp REALTY LLC | $629,900 | |
| Listed by eXp REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017