6
Map
105 & 106 Arrowhead Parcel 16697 DR
About This Property
Enjoy exclusive access to the private 20+ acre lake, perfect for fishing, kayaking, and canoeing. The community park features a boat ramp and pier, making it easy to get out on the water.
Water and electric services are available; a septic system will be needed. Homes in Lake Thunderbird range from single-wide and double-wide manufactured homes to tiny homes and site-built homes, providing plenty of flexibility.
The active homeowners association maintains mild restrictions, ensuring the area remains peaceful and welcoming. Don't miss out on this unique chance to own property in a beautiful, private lakeside community!
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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 |
|---|---|---|---|
| Dec 18, 2024 | Listed by Venture Partners R.E. | $45,000 | |
| Listed by Venture Partners R.E. | |||
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About Lake Thunderbird
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Listed Office: Venture Partners R.E. - Listing courtesy of Unlock MLS
Phone: (512) 940-3948
Last Updated: 2025-09-12 04:34:32
Data Source: Unlock MLS, MLS# ACT7990048
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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