8616 Arminda Cir Unit 62
About This Property
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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 |
|---|---|---|---|
| Jan 6, 2026 | Sold | ||
| Sold | |||
| Dec 2, 2025 | In contract | - | |
| In contract | |||
| Nov 16, 2025 | Price Decreased |
$529,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Oct 30, 2025 | Listed by 1st Choice Home Team | $539,900 | |
| Listed by 1st Choice Home Team | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/30/2025
| |
2 Bed
|
2 Bath
|
958 ft²
|
$539,900
2 Bed
2 Bath
958 ft²
|
$539,000
-0.17%
01/06/2026
|
Jorge Murillo
CURB
|
|
06/03/2024
|
2 Bed
|
2 Bath
|
984 ft²
|
$539,000
2 Bed
2 Bath
984 ft²
|
$540,000
+0.19%
09/09/2024
|
Ziba Youssofi-Nayab
eXp Realty of California Inc
| |
|
07/13/2023
|
2 Bed
|
2 Bath
|
984 ft²
|
$475,000
2 Bed
2 Bath
984 ft²
|
-
-
|
Ryan Shick
Keller Williams La Jolla
| |
|
09/29/2022
|
2 Bed
|
2 Bath
|
958 ft²
|
$449,000
2 Bed
2 Bath
958 ft²
|
-
-
|
Yesenia Del Valle
Coldwell Banker West
| |
|
07/01/2021
|
2 Bed
|
2 Bath
|
984 ft²
|
$405,000
2 Bed
2 Bath
984 ft²
|
-
-
|
Lorinda Markegard
Coldwell Banker Royal Realty
| |
|
05/11/2021
|
2 Bed
|
2 Bath
|
958 ft²
|
$405,000
2 Bed
2 Bath
958 ft²
|
-
-
|
-
| |
|
10/05/2019
|
2 Bed
|
2 Bath
|
984 ft²
|
$314,999
2 Bed
2 Bath
984 ft²
|
$315,000
+0.00%
12/20/2019
|
Jim Jones
Jones Harris Realty
| |
|
07/08/2019
|
2 Bed
|
2 Bath
|
984 ft²
|
$337,000
2 Bed
2 Bath
984 ft²
|
$340,000
+0.89%
08/14/2019
|
Darin Triolo
Keller Williams - Carmel Valley / Del Mar
| |
|
01/23/2018
|
2 Bed
|
2 Bath
|
984 ft²
|
$315,000
2 Bed
2 Bath
984 ft²
|
$305,000
-3.17%
02/22/2018
|
Jon Kennedy
HomeSmart Realty West
| |
|
03/13/2015
|
2 Bed
|
2 Bath
|
958 ft²
|
$224,900
2 Bed
2 Bath
958 ft²
|
$225,000
+0.04%
04/24/2015
|
Ruth Rossi
HomeSmart Realty West
| |
|
09/27/2014
|
2 Bed
|
2 Bath
|
1009 ft²
|
$229,000
2 Bed
2 Bath
1009 ft²
|
$225,000
-1.75%
10/30/2014
|
William Schuppenhauer
Schuppenhauer Realty
| |
|
05/03/2012
|
2 Bed
|
2 Bath
|
984 ft²
|
$154,900
2 Bed
2 Bath
984 ft²
|
$162,000
+4.58%
05/22/2012
|
Doug Rains
Keller Williams Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017