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8720 Aranda Lane
About This Property
Welcome to this beautiful, fully updated 3-bedroom, 2-bath home located on a desirable corner lot near Pendale and Aranda. The open-concept layout features luxury vinyl flooring throughout and a stylish electric fireplace that creates a warm and inviting atmosphere.
The bathrooms have been beautifully updated with modern tiled showers and elegant finishes. Outside, enjoy mature pecan and shade trees, plenty of outdoor space, and valuable water rights.
All appliances are included, including the washer and dryer, making this home truly move-in ready or Airbnb ready!
Motivated sellers and a new price! Don't miss this opportunity--schedule your showing today!
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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 |
|---|---|---|---|
| Sep 17, 2026 | In contract | - | |
| In contract | |||
| Sep 14, 2026 | Price Decreased |
$220,000
↓ $15K
(6.4%) | |
| Price Decreased | |||
| Aug 18, 2026 | Price Decreased |
$235,000
↓ $10K
(4.1%) | |
| Price Decreased | |||
| Jul 21, 2026 | Price Decreased |
$245,000
↓ $12K
(4.7%) | |
| Price Decreased | |||
| Jun 24, 2026 | Listed by KASA Realty Group | $257,000 | |
| Listed by KASA Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017