8220 ALTAMA Road
About This Property
The backyard is a haven, complete with the 12' x 45' deck, WISHING WELL W/FOUNTAIN, SMALL COY POND and ROSES! This oversized fenced yard is beautiful and the kids and outdoor furry friends will love the .25 of an acre! Updates include new vinyl double paned white windows, raised panel doors with brushed steel hardware throughout the home. Are you looking to spend under $251K on an UPDATED home on the Southside, small street, large fenced yard with NO HOA FESS? You found it. Easy showing instructions and motivated SELLERS! Thank you for your interest.
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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 |
|---|---|---|---|
| Jun 27, 2018 | Sold | ||
| Sold | |||
| Apr 3, 2018 | Listed by WATSON REALTY CORP | $220,000 | |
| Listed by WATSON REALTY CORP | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017