10 Arrow Place
About This Property
This 3-bedroom, 2.5-bath home delivers over 2,300 square feet of comfortable living space on a flat, beautifully maintained .73-acre lot - a rare find in the Asheville market. The attached 2-car garage adds everyday practicality, while a bonus room provides the flexibility you need for a home office, guest space, or hobby room.
Inside, updated bathrooms bring a fresh, modern feel without sacrificing the warmth that makes this home so livable. The flat yard is an entertainer's dream and offers plenty of room for gardens, play, or simply enjoying the mountain air.
Location is everything here. You're minutes from downtown Asheville's acclaimed dining, arts, and brewery scene, with easy access to the Blue Ridge Parkway for hiking, cycling, and some of the most spectacular ridge-line views in the Southeast. UNCA, the River Arts District, East Asheville shopping, and I-40 are all within easy reach.
A home this well-positioned - under the parkway, over the city - doesn't come along often.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 9, 2026 | Sold | ||
| Sold | |||
| May 12, 2026 | In contract | - | |
| In contract | |||
| May 8, 2026 | Listed by EXP Realty LLC Ballantyne | $625,000 | |
| Listed by EXP Realty LLC Ballantyne | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017