10720 Arrowhead Circle
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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 |
|---|---|---|---|
| Aug 5, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2022 | Listed by RE/MAX MID-MICHIGAN R.E. | $145,000 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
| Dec 24, 2018 | No longer available | - | |
| No longer available | |||
| Jun 26, 2018 | Listed | $139,900 | |
| Listed | |||
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So many possibilities for this 3 bedroom ranch home in the Lake Le Ann community. It's a snow birds paradise where you can enjoy the lake until the last leaf has fallen! The home is being listed with the adjacent lot of nearly equal size (10710 Arrowhead Circle). Together you will have 140' of frontage. You have several options for the additional lot that include building a garage for all of your toys. This property is high and dry with many different views of Lake Le Ann. There are several mooring locations for your boat just steps away. Each Lake Le Ann property owner has the ability to reserve a mooring site in a community lottery each year. With 2 lots you could have double the fun! The manager has listed the unit size as 960 square feet.
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| Apr 30, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017