702 ARCH STONE
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 |
|---|---|---|---|
| Nov 14, 2018 | No longer available | - | |
| No longer available | |||
| Oct 27, 2018 | Price Decreased |
$260,000
↓ $10K
(3.7%) | |
| Price Decreased | |||
| Oct 13, 2018 | Price Decreased |
$270,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Sep 6, 2018 | Price Increased |
$275,000
↑ $15K
(5.8%) | |
| Price Increased | |||
| Aug 2, 2018 | Listed | $260,000 | |
| Listed | |||
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Beautifully upgraded one-story home in the Stone Oak neighborhood with high vaulted ceilings, new flooring, silestone counters in kitchen and open floor plan with two living areas, spacious master bath, and located in the NEISD school district, 1 block from community amenity area and pool. The manager has listed the unit size as 2471 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017