8116 ALTAMA Road
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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%.
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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 3, 2022 | Sold | ||
| Sold | |||
| Sep 21, 2022 | Listed by HOMELISTER INC | $379,900 | |
| Listed by HOMELISTER INC | |||
| | |||
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Newly renovated 4 Bed/2 Bath, 2 Car Garage in Grove Park only 7 miles to the beach & a 5 minute drive to Towne Center shopping & dining. Featuring a new roof(2020), updated plumbing & hot water heater. The home boasts an open floor plan with luxury plank flooring throughout. You will surely enjoy the open & spacious kitchen featuring all new cabinetry, an oversized walk in pantry, granite countertops, SS appliances, and a versatile stainless steel chefs table making this a perfect space for entertaining friends & family! Wooden barn doors conceal a roomy home office that can be converted and utilized as a 4th bedroom. The master bedroom includes a spacious walk in closet, and an ensuite bath with tiled shower. Rear covered patio overlooks the backyard which is perfect for a future pool!
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| Jun 23, 2022 | Listed by FLORIDA HOMES REALTY & MTG LLC | $389,900 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| Apr 29, 2022 | Sold | ||
| Sold | |||
| Sep 4, 1997 | Sold | ||
| Sold | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017