56 Arlene Dr
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 |
|---|---|---|---|
| Aug 9, 2013 | Sold | ||
| Sold | |||
| Jul 1, 2013 | Listed by RE/MAX Insight | $244,900 | |
| Listed by RE/MAX Insight | |||
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PRIVACY ABOUNDS IN THIS UPDATED 3 BEDROOM GAMBREL FEATURING A DETACHED 24x24 CAR GARAGE PLUS ONE UNDER! HOME FEATURES NEW HICKORY KITCHEN WITH GRANITE COUNTERS, NEW APPLIANCES, SUNROOM OFF KITCHEN, NEWLY FINISHED HARDWOOD FLOORING, FRONT TO BACK LIVING ROOM WITH PROPANE STOVE, DINING ROOM WITH CHAIR RAIL AND FRENCH DOORS, LARGE MASTER BEDROOM WITH DOUBLE CLOSETS, NEW CARPET, TREX DECK, BONUS ROOM IN LOWER LEVEL WITH WOOD STOVE, 3+ ACRE LOT IN A NEIGHBORHOOD CLOSE TO 93, COME SEE!!
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