5630 Arlington Avenue
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 |
|---|---|---|---|
| Jul 14, 2022 | No longer available | - | |
| No longer available | |||
| Jun 20, 2022 | In contract | - | |
| In contract | |||
| May 19, 2022 | Listed by Seven Gables Real Estate | $479,000 | |
| Listed by Seven Gables Real Estate | |||
| | |||
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Opportunity knocks for just the right buyer!! This single level home sits on a large corner lot boasting 11,326 square feet and needs some TLC. There’s plenty of room to add on or park all your vehicles and toys like RVs, dune buggies, trailers, boats, construction equipment and multiple cars. This charming home has 1,274 square feet and features a traditional floor plan with wood floors in the living room & dining area, two bedrooms, one bath, and an indoor laundry area which includes the washer/dryer. Talk about extra storage space and functional rooms! You will enjoy the converted two car garage which includes a bonus room which can easily be converted to a third bedroom by adding a closet, half bathroom, office, storage room, and closet. An automatic gate controlled by remote access makes it convenient to pull in your driveway. A side gate makes the backyard accessible for parking extra vehicles and the two storage sheds are included. The front yard has a staggered slate walkway, a wonderful water fountain and a potting shed area for those who love to garden. The central A/C, ceiling fans and dual pane windows will keep you cool this summer. Make a point to see this home and seize the opportunity to fix it up just the way you want. The manager has listed the unit size as 1274 square feet.
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| Oct 3, 2018 | No longer available | - | |
| No longer available | |||
| Oct 1, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017