7609 Arborgate Street
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 |
|---|---|---|---|
| Oct 15, 2021 | Sold | ||
| Sold | |||
| Sep 16, 2021 | Listed by Dave Perry Miller Real Estate | $849,000 | |
| Listed by Dave Perry Miller Real Estate | |||
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Live effortlessly in the desirable Merriman Park Elementary area of Lake Highlands in a home that has been extensively updated and features an open, flexible floorplan overlooking a patio and grassy back yard. This spacious home has multiple living and entertaining spaces with tall ceilings and tons of natural light and offers designer finishes and flexibility for office or gameroom. The gourmet kitchen with center island and farm sink has updated countertops, cabinets, light fixtures and stainless-steel appliances. The primary suite with huge closet includes soaking tub with separate shower and dual vanities. Located near Moss Park with trail access to White Rock Lake and just minutes away from Downtown Dallas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017