6642 PINE SUMMIT Drive
About This Property
Available now!
Very nice and large corner lot on this Arlington 4 bedroom, 2 bath home. Home is built of Concrete Block and features a covered patio, fenced rear and more. Has wood floors, open floor plan with large family room. This can be a great opportunity for the right buyer.
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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 31, 2017 | Sold | ||
| Sold | |||
| Jul 3, 2017 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $175,900 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
| Oct 12, 2016 | Sold | ||
| Sold | |||
| Jun 5, 2016 | Listed by COLDWELL BANKER VANGUARD REALTY | $69,500 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| | |||
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**INVESTOR SPECIAL** Lots of potential in this huge 4 bedroom 2 bathroom home in Arlington Hills. This solid concrete block home boasts over 2000 square feet of living space. Home sits on a huge corner lot with over 1/4 acre of lush landscaping. Renovated homes similar in size sell for over $140,000.
| |||
| Nov 24, 2015 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $69,900 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
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