8609 Arminda Cir #10
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%.
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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 |
|---|---|---|---|
| Oct 24, 2016 | Sold | ||
| Sold | |||
| Sep 6, 2016 | Listed by HomeSmart Realty West | $279,000 | |
| Listed by HomeSmart Realty West | |||
| Aug 6, 2015 | Sold | ||
| Sold | |||
| May 6, 2015 | Listed by HomeSmart Realty West | $229,900 | |
| Listed by HomeSmart Realty West | |||
| | |||
|
Pride of ownership shows throughout this spacious ground floor corner unit. Two sets of french doors open to the airy patio. Crown moulding, mirrored dining area and extra large master bedroom and two full baths are some of the amenities. One car garage and extra parking also. Some photos from when the property was previously vacant. Neighborhoods: Santee Trails Complex Features: , Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/22/2023
|
2 Bed
|
2 Bath
|
1007 ft²
|
$499,000
2 Bed
2 Bath
1007 ft²
|
-
-
|
Cory Schweer
Allison James Estates & Homes
| |
|
09/22/2020
|
2 Bed
|
2 Bath
|
1007 ft²
|
$350,000
2 Bed
2 Bath
1007 ft²
|
-
-
|
-
| |
|
09/06/2016
|
2 Bed
|
2 Bath
|
958 ft²
|
$279,000
2 Bed
2 Bath
958 ft²
|
$280,000
+0.36%
10/24/2016
|
Daniel Vachon
HomeSmart Realty West
| |
|
05/06/2015
|
2 Bed
|
2 Bath
|
958 ft²
|
$229,900
2 Bed
2 Bath
958 ft²
|
$220,400
-4.13%
08/06/2015
|
Ruth Rossi
HomeSmart Realty West
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017