588 Arcade Ave
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 5, 2019 | Sold | ||
| Sold | |||
| Oct 24, 2019 | No longer available | - | |
| No longer available | |||
| Aug 29, 2019 | Price Decreased |
$324,900
↓ $10K
(3%) | |
| Price Decreased | |||
| Aug 16, 2019 | Listed | $334,900 | |
| Listed | |||
| | |||
|
Welcome home! This colonial home is waiting for a new owner. The back yard is a wonderful place to have coffee in the morning and feels very private. The first floor is filled with gorgeous hardwoods and has an open floor plan. The kitchen features gas cooking, a large island and plenty of storage. The second floor has three oversized bedrooms and two full baths (one with laundry). The basement is large, mostly finished with laminate flooring throughout. The home has gas heat, central air, and vinyl siding. The one-car garage is currently used as a seamstress' shop, as the property is commercial/residential, but the garage door is still there and it can be converted back to a garage. Close to town hall, the YMCA, highways and shopping. The manager has listed the unit size as 1680 square feet.
| |||
| Jul 2, 2019 | Listed by RE/MAX Real Estate Center | $324,900 | |
| Listed by RE/MAX Real Estate Center | |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017