9 Arden 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 |
|---|---|---|---|
| Feb 27, 2013 | Sold | ||
| Sold | |||
| Apr 4, 2012 | Listed by M. R. Real Estate | $164,999 | |
| Listed by M. R. Real Estate | |||
| Nov 30, 2011 | Sold | ||
| Sold | |||
| Apr 5, 2011 | Listed by M. R. Real Estate | $139,000 | |
| Listed by M. R. Real Estate | |||
| Feb 23, 2010 | Listed by RE/MAX Prestige | $140,000 | |
| Listed by RE/MAX Prestige | |||
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First time Deal !!! Minor water stain damage around chimney (most likely just the flashing) ...... but recent roof, siding, windows, electrical, and second floor addition. 3 beds up, tile jet tub bath, fireplaced living, 2 beds down with full bath, eat in kitchen and garage. Lender approved short sale at $140,000. House in need of cosmetics throughout.
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Address: 335 Madison Avenue, New York, NY 10017