5621 NESBITT Lane
About This Property
Charming bungalow tucked away on a 1/2 acre lot in the heart of the city. This completely new home has been renovated down to the studs! New Roof, HVAC System, Plumbing, Septic System, Well, Electrical, and fabulous new interior! You will absolutely fall in love with this hidden gem! Sitting at the end of a private road, gives you the feeling of solitude and tranquility under an array of beautiful trees and vegetation. You've just gotta see this one!
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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 |
|---|---|---|---|
| Nov 22, 2022 | Sold | ||
| Sold | |||
| Sep 16, 2022 | Listed by LOKATION | $329,900 | |
| Listed by LOKATION | |||
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Gorgeous Home tucked away at the end of a private gravel road with great neighbors. Nestled on a 1/2 acre lot in the heart of the city. This completely new home has been renovated down to the studs! New Roof, HVAC System, Plumbing, Septic System, Well, Electrical, and fabulous new interior! You will absolutely fall in love with this hidden gem! Sitting at the end of a private road, gives you the feeling of solitude and tranquility under an array of beautiful trees and vegetation. You've just gotta see this one!
SPECIAL FINANCING AVAILABLE FOR THIS HOME!
-0- Down, No PMI, Conventional Loan.
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| May 18, 2022 | Listed by LOKATION | $350,000 | |
| Listed by LOKATION | |||
| Apr 4, 2022 | Listed by LOKATION | $350,000 | |
| Listed by LOKATION | |||
| Dec 20, 2021 | Sold | ||
| Sold | |||
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About Greater Arlington
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1169733
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Address: 335 Madison Avenue, New York, NY 10017