540 ARGO AVE
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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 |
|---|---|---|---|
| Jul 27, 2023 | Sold | ||
| Sold | |||
| May 24, 2023 | Listed by Phyllis Browning Company | $985,000 | |
| Listed by Phyllis Browning Company | |||
| | |||
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Amazing home in the heart of Alamo Heights is ready for you. Multiple living and dining spaces through out for easy entertaining. Master down with great walk-in closet and large bath. Study off front living area. Kitchen opens to family room. Game room upstairs. Screened in back porch. Two car carport behind gated driveway with guest quarters above.
| |||
| Aug 28, 2008 | Sold | ||
| Sold | |||
| Jul 17, 2008 | Listed by Phyllis Browning Company | $549,000 | |
| Listed by Phyllis Browning Company | |||
| Jun 19, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017