6935 Arboreal Drive
About This Property
The Home Features a Great Floorplan with One of the Bedrooms on the Opposite Side of the Home from the other Bedrooms, Perfect for Guest or In-Laws. Home is Located Close to Shopping and Restaurants, including NorthPark Mall. Notes about the home: In December of 2024, the owner had a new gas line installed from the meter to the furnace and water heater by Dallas Plumbing. Also, in December 2024, the owner had old attic insulation removed and had new attic insulation installed. Finally the owner had a new roof put on the house in the fall of 2021.
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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 |
|---|---|---|---|
| Mar 27, 2025 | Sold | ||
| Sold | |||
| Mar 1, 2025 | In contract | - | |
| In contract | |||
| Feb 23, 2025 | Listed by NuHaus Realty LLC | $569,000 | |
| Listed by NuHaus Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017