62 Hillcrest Drive
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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 13, 2025 | In contract | - | |
| In contract | |||
| Sep 30, 2025 | Price Decreased |
$439,900
↓ $9K
(2%) | |
| Price Decreased | |||
| Sep 15, 2025 | Listed by RE/MAX Town & Country | $449,000 | |
| Listed by RE/MAX Town & Country | |||
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Welcome to this beautifully updated 3-bedroom, 2-full-bath Ranch-style home, perfectly situated on a spacious corner lot within the Arlington Central School District.
Step inside and you will immediately notice the new flooring throughout and an abundance of natural light filling the home. The inviting living room features a charming brick fireplace and sliding glass doors that lead to a large deck overlooking a private and spacious backyard—perfect for entertaining, relaxing, or just enjoying the outdoors.
The updated kitchen offers quartz countertops, a stylish backsplash and stainless steel appliances. Just off the living room is a newly renovated full bathroom. Down the hall, a generous family room connects to three large bedrooms, each with ample closet space. The second full bathroom impresses with its modern tile-work, double vanity and custom shower niche.
For even more space, the walk-up attic provides endless possibilities for storage or future expansion. The lower level includes additional storage, washer and dryer hookups, a walkout to the driveway and access to a spacious two-car garage.
Don’t miss the opportunity to own this move-in ready home in a sought-after location—close to major roads, shopping and dining.
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| Mar 11, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017