641 MANDALAY RD
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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%.
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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 |
|---|---|---|---|
| Apr 17, 2025 | Price Decreased |
$314,000
↓ $6K
(1.8%) | |
| Price Decreased | |||
| Apr 10, 2025 | Price Decreased |
$319,900
↓ $15K
(4.5%) | |
| Price Decreased | |||
| Mar 18, 2025 | Price Decreased |
$335,000
↓ $15K
(4.2%) | |
| Price Decreased | |||
| Feb 24, 2025 | Listed | $349,500 | |
| Listed | |||
| | |||
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SO MUCH BETTER THAN A FLIP! This home was recently remodeled w/ attention to detail by its owners! Featuring timeless decorator selections found in the lovely kitchen that include new cabinets, 5 burner cook top, quartz counter tops, new stainless appliances, handsome range hood and beautiful back splash all perfect for entertaining as it is openly connected to the living & dining room, steps from the enormous screened patio. Gleaming hardwood flooring is found throughout the common rooms and bedrooms. A newly tiled hall bath has glass shower doors, new vanity & lighting. All three bedrooms have side by side closets. The half bath is smartly located off one of the larger bedrooms. Nice sized laundry room with new washer /dryer, an enormous back yard w/ fire pit plus plenty of room for ''mans best friend'' Plenty of parking plus a utility room round out this home sweet home! Bring your golf cart for annual neighborhood light parade or to visit the interior park.
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| Feb 23, 2022 | Sold | ||
| Sold | |||
Property Highlights
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017