8922 ARABIAN KING
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 |
|---|---|---|---|
| Sep 30, 2015 | Sold | ||
| Sold | |||
| Aug 7, 2015 | Listed by Oasis Company Realtors, LLC | $146,500 | |
| Listed by Oasis Company Realtors, LLC | |||
| | |||
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Nice looking one-story home on nice size lot at great location in town. 3/2/2 with attached 2-car garage and study. Sold AS IS. Buyer has 7 day inspection period upon receiving ratified contracts. No repairs will be considered based upon inspection reports. If utilities are off due to property condition, Seller will not repair to facilitate inspections. Buyer is responsible for their own title policy. Seller may convey with a Quit Claim Deed if VA title approval is not obtained 5 days prior to closing.
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| Mar 31, 2011 | Sold | ||
| Sold | |||
| Jun 2, 2010 | Listed by Realty Advantage | $171,142 | |
| Listed by Realty Advantage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017