8718 Arch Rock Drive
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%.
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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | In contract | - | |
| In contract | |||
| Jan 10, 2025 | Listed by Compass RE Texas, LLC - Houston | $350,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Beautifully maintained and updated 4 Bedroom home in Miramesa Section 3. Built in 2019, this home shows like new construction. This property features handsome brick exterior, wood-look flooring, neutral paint and plush carpets in the bedrooms. Enjoy an open flow and chef's kitchen perfect for entertaining. The kitchen features granite countertops, walk-in pantry and stainless steel appliances. This home is perfectly situated at the end of the block, allowing for ample privacy and no back neighbors. With plenty of room for a pool and play set, the possibilities are plentiful.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017