6848 ARIEL Drive
About This Property
This is the one you've been looking for! Florida living at its finest -You will never want to leave your home! Pool screen & components are new & there is tons of outdoor area. There is even a pass through window from the kitchen to serve your guests in the pool lanai! Secondary bath has access to the pool area. Lots of nice touches throughout! Wonderful open layout with large windows allowing lot of natural light
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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 |
|---|---|---|---|
| Oct 23, 2018 | Sold | ||
| Sold | |||
| Sep 18, 2018 | No longer available | - | |
| No longer available | |||
| Sep 11, 2018 | Listed by RE/MAX UNLIMITED | $289,900 | |
| Listed by RE/MAX UNLIMITED | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017