9506 Arcade Drive
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 |
|---|---|---|---|
| May 23, 2022 | Sold | ||
| Sold | |||
| Apr 18, 2022 | Listed by Keller Williams Professionals | $382,000 | |
| Listed by Keller Williams Professionals | |||
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Life is pleasant in this established neighborhood with tall trees in the Champions area! This traditional 2-story, 2763sf home has 4BRs, 2 baths & 2 half baths, a family room, formal dining room, office and two-car garage. Updates include the master bath and shower, kitchen and bar with granite countertops, double pane windows and Hardiplank siding. Replaced interior water piping (with PEX), the water line from the meter (2 years ago), the A/C condenser unit (2 years ago), the electrical breaker panel and overhead garage door opener. Foundation work done in 2011 comes with a transferable warranty from Olshan Foundation Repair. Home has a water filter and underground sprinkler system. Located on a quiet cul-de-sac just a few blocks from Champion Drive, and nearby Meyer Park with its walking trails and soccer fields. Convenient to SH 249, Vintage Park restaurants and retail establishments. You’ll enjoy the excellent Klein ISD schools. The house has NEVER FLOODED.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017