9229 Arena 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 |
|---|---|---|---|
| Oct 28, 2019 | No longer available | - | |
| No longer available | |||
| Sep 25, 2019 | Sold | ||
| Sold | |||
| Jul 2, 2019 | Listed by Keller Williams - Victor Valley | $272,000 | |
| Listed by Keller Williams - Victor Valley | |||
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ENJOY this unique living environment on the desirable south side of 138, with an open living space, skylights, and great Mountain and Desert Valley views from both inside and outside your new home. The Beautiful tree filled, park-like patio setting with many gathering areas is perfect for relaxing and entertaining a large or small group of your family and friends. The property has Circular Driveway, RV Parking, Work Shop, Storage Shed, Green House, Gardening Area, Kids Play House, Horse Shoe Pit, and SPA!! Owner will consider carrying financing with a very large down payment. Also the existing exterior and interior furniture, refrigerator, separate freezer, and stacked washer/dryer can be acquired separately so you can re-appoint your new home to your own tastes over time while saving money now! Don't miss this UNIQUE opportunity!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017