7318 Arcadia Drive
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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 |
|---|---|---|---|
| Dec 8, 2017 | Sold | ||
| Sold | |||
| Oct 17, 2017 | Listed by RE/MAX TerraSol | $939,000 | |
| Listed by RE/MAX TerraSol | |||
| Aug 8, 2016 | Sold | ||
| Sold | |||
| Jul 1, 2016 | Listed by Keller Williams Realty | $899,000 | |
| Listed by Keller Williams Realty | |||
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Come spend Summer by the beach! Coveted corner lot location! Beautiful home located in one of Huntington Beach's premier gated communities. Extraordinary attention to detail throughout this light and bright home. The features include polished Travertine & hard wood flooring, Crown Molding throughout, recessed lighting, surround sound, sculpted carpeting in bedrooms and fully landscaped backyard. The elaborate kitchen features a large center island adorned with granite counters, stainless appliances and commercial 6-burner cook top. The master suite offers two walk-in closets and a luxurious master bath w/marble finish, His & Her vanities and jetted tub. The third floor loft could be a den, studio or additional bedroom. Additional features include central air & heat, security system & upstairs laundry. Close to schools, community parks, shopping and the Beach! Hurry, this gem won't last!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017