640 Armstrong Court
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 |
|---|---|---|---|
| Sep 29, 2023 | No longer available | - | |
| No longer available | |||
| Sep 14, 2023 | In contract | - | |
| In contract | |||
| Aug 27, 2023 | Price Decreased |
$299,500
↓ $21K
(6.4%) | |
| Price Decreased | |||
| Aug 1, 2023 | Listed by Gipson Realty, Inc | $319,995 | |
| Listed by Gipson Realty, Inc | |||
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Take a Dip in the pool! Looking for a property with an in-ground pool? There aren't many out there, especially at this price. Centrally located, Red Bluff home near shopping and schools, this home features 4 bedrooms, 2 bathrooms with 1570+ sq. ft. Home has some original oak hardwood flooring, one bedroom with new carpet, kitchen boasts tile floors and laminate flooring. New vinyl pool liner and pool filter. Newer HVAC unit, walk-in tub and Maytag appliances. The back yard is perfect for summer BBQs and entertaining. Ready for a new owner. The manager has listed the unit size as 1574 square feet.
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| Jul 15, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017