9 Arbutus Rd
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 31, 2017 | Sold | ||
| Sold | |||
| Feb 26, 2016 | Sold | ||
| Sold | |||
| Nov 22, 2015 | Listed by Sotheby's International Realty | $289,900 | |
| Listed by Sotheby's International Realty | |||
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3 bedroom , 2 bath ranch sits on a beautiful, level half acre corner lot. Large kitchen with granite counters is just a few years old. Huge living room with wood burning fireplace & wood floors. The roof is just 10 years old. The septic new in 2000. New wood floors in 2 bedrms and hall. The recent mud room/sitting room addition has full bath at one end of house. The other full bath is at the opposite end of house between the bedrooms. Furnace is 6 years old. Basement was finished a few years ago and is the perfect playroom or whatever you might decide it should be to suit your lifestyle. Large shed in the backyard stores your mower/kayaks/toys and more. Monument Beach with marina, boat launch and swimming beach is less than a mile away as are tennis courts, play ground, Pizza shop, convenience store, gas station and the popular Lobster Trap!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017