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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 |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Jan 1, 2025 | In contract | - | |
| In contract | |||
| Dec 30, 2024 | Listed by Madlom Real Estate | $815,000 | |
| Listed by Madlom Real Estate | |||
| | |||
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Look no further! You can move right into this TASTEFULLY UPGRADED two-story home in Arbor Estates! Nestled on a cul-de-sac, this beauty offers 5 beds, 3 baths, a 3-car garage, and one of the largest backyards in the neighborhood. This home sits one block away from Arbor Lake which has fantastic trails. This home boasts a solar system 100% owned. Enjoy low utility bills or none at all! Come inside to find formal living & dining rooms, along with an open-concept family room that features a fireplace for chilly nights. Natural light filled the inviting interior, complemented by a fresh neutral palette, wood flooring on the main level, and plush carpet on the upper level. The renewed kitchen boasts SS appliances, sleek quartz counters, white shaker cabinetry, recessed lighting, harringbone tile backsplash, and an island with a breakfast bar. The bedroom downstairs provides versatility, and it is ideal for an office as well. Other bedrooms await upstairs! The oversized double-door primary bedroom has a vaulted ceiling and an ensuite with dual copper sinks, a separate tub/shower, & a walk-in closet. The large basement is a blank canvas with endless potential to be anything your heart desires! Comes with a full size safe to protect your important belongings. The spacious backyard includes natural grass, a dog house, a storage shed, and an extended covered patio to relax or enjoy BBQ. Conveniently located near the Community pool and Lake Arbor! Also close to schools, shopping, and restaurants, and highways. What's not to like? This gem is truly a MUST-SEE! Home is owned by a licensed agent who is the listing agent.
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| Sep 26, 2024 | Price Decreased |
$710,000
↓ $100
(0%) | |
| Price Decreased | |||
| Sep 14, 2024 | Price Decreased |
$710,100
↓ $30K
(4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017