624 Arcadia Way
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 16, 2020 | Sold | ||
| Sold | |||
| Mar 7, 2020 | Listed by Keller Williams Dallas Midtown | $432,000 | |
| Listed by Keller Williams Dallas Midtown | |||
| Dec 12, 2018 | No longer available | - | |
| No longer available | |||
| Sep 7, 2018 | Listed | $429,900 | |
| Listed | |||
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Lovely upgraded home in the sought after Preserve is walking distance to historic downtown Square, Northshore Park, and brand new Reinhardt Elementary (2019). Welcome home to soaring ceilings, wrought iron curved staircase & dramatic floor to ceiling stone fireplace. Gourmet kitchen offers butlers pantry, granite counters, tumbled marble backsplash, Electrolux stainless appliances: including double ovens & 5 burner gas cook top. Open floor plan w hardwood floors throughout. living room wired for surround sound. Over-sized master retreat has jetted tub and dual vanities. Media room is split level w wet bar, wired for surround. Over sized lot w large yard and new board on board privacy fence w electric gate. The manager has listed the unit size as 3920 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017