932 Blue Sky Drive
About This Property
This corner lot offers a large back yard which children can play safely. This property is being sold as-is and is priced accordingly. The combo lockbox is located on the garage door.
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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 |
|---|---|---|---|
| Nov 15, 2023 | Sold | ||
| Sold | |||
| Oct 25, 2023 | Listed by Elite Agents | $310,000 | |
| Listed by Elite Agents | |||
| Aug 8, 2023 | No longer available | - | |
| No longer available | |||
| Jul 23, 2023 | Listed by Elite Agents | $305,000 | |
| Listed by Elite Agents | |||
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Property is located in city of Arlington but Mansfield ISD. The floor plan is spacious with a small living area inside the entry, a large family room with dining area, a spacious kitchen, an upstairs game room and a large master bedroom and bath. This corner lot offers a large back yard which children can play safely. This property is being sold as-is and is priced accordingly. The combo lockbox is located on the garage door.
Multiple offers have been received. A second change on showings and offers: Showings will conclude Thursday July 27th at 5:00 pm; deadline for offers is Thursday the 27th at 7:00 pm. The manager has listed the unit size as 2644 square feet.
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| Jan 27, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017