88 Arnold Road
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 |
|---|---|---|---|
| Mar 24, 2026 | Sold | ||
| Sold | |||
| Feb 10, 2026 | In contract | - | |
| In contract | |||
| Jan 31, 2026 | Price Decreased |
$599,900
↓ $25K
(4%) | |
| Price Decreased | |||
| Jan 7, 2026 | Listed by Keller Williams Elite | $625,000 | |
| Listed by Keller Williams Elite | |||
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This home has truly been taken to the next level with a fully permitted, brand-new second-floor addition, bringing the total living space to over 2,000 sq. ft. and offering 5 bedrooms and 2 full baths. The first floor features a fully applianced kitchen, spacious family room, two bedrooms, an office or flexible bonus room, and a full bath. The newly added second floor includes a primary bedroom with a generous walk-in closet, hardwood floors, a full bath with double sinks and a tiled tub/shower, plus two additional bedrooms with hardwood flooring. Situated on an oversized lot with endless potential for future expansion, the property also includes a storage shed and ample off-street parking. Additional highlights include new windows, a new roof, updated electrical, freshly painted exterior/interior, town water and sewer, and a highly desirable location.
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| Jul 14, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017