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8022 ARVIN Avenue
About This Property
Enjoy convenience, modern amenities, and income potential. **Main House:** - 1,906 sq. ft. with 4 bedrooms and 2.5 bathrooms in main home - New windows, doors, flooring, paint, and kitchen cabinets, new roof - Brand new stainless steel appliances - Two large living/family areas and a small flex room - Butcher block kitchen counters and bathroom accent walls **Rear Apartment:** - 693 sq. ft. with 2 bedrooms and 1 bathroom - Could rent for $700-$800/month - New tile floor and Whirlpool appliances **Exterior:** - 2-minute walk to parks with swimming pools - Large covered carport with updated paint and lighting - Two large storage/shop areas Perfect for families and investors, this home offers modern living and additional income. Schedule a tour today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Feb 10, 2025 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | Price Decreased |
$238,900
↓ $10K
(4.1%) | |
| Price Decreased | |||
| Oct 19, 2024 | Price Decreased |
$249,000
↓ $6K
(2.4%) | |
| Price Decreased | |||
| Sep 8, 2024 | Price Decreased |
$255,000
↓ $10K
(3.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017