116 Arrowhead Drive
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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%.
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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.
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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 3, 2023 | Sold | ||
| Sold | |||
| Sep 12, 2023 | Listed by Birdsong Real Estate | $499,500 | |
| Listed by Birdsong Real Estate | |||
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Custom built home in the highly preferred Northwood Estates. This home boast 3 spacious bedrooms, two well appointed secondary bedrooms, 2 full baths and 1 half bath - and that's just inside the main house. This home also features a well maintained pool which is sure to make every day feel like a day in a tropical paradise, and has an additional half bath attached to the garage. Also featured is an apartment above the garage, with a kitchen, bathroom, and a washer/dryer, included with the apartment - making this home perfect for those visiting guests, or extra living space - endless possibilities. The kitchen is a chef's delight - spacious yet thoughtfully designed with time saving style and functionality. The formal dining room is inviting with natural light and room for all. Worried about the cold winter predicted? Worry not! The home has a full house Generac system. Don't blink, this one will not last long!
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| Mar 21, 2022 | Sold | ||
| Sold | |||
| Feb 23, 2022 | Listed by Coldwell Banker Realty | $525,000 | |
| Listed by Coldwell Banker Realty | |||
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Outstanding custom built home with full garage apartment/guest quarters. This beautiful home is located in one of the preferred neighborhood's of Lake Jackson; Northwood Estates. Very open floor plan with sophisticated design in combination with a low maintenance arrangement and landscaping. Pool recently finished with all new tiles and upgrades. Recent flooring in some areas of the home. with the also recent completion of the almost 1000 sq.ft. apartment. Extensive use of crown moldings and custom trim. Heirloom shutters throughout the home. Additional parking to the side of the oversized three car garage. Garage also has an abundance of cabinetry, storage, workshop spaces and half bath. Plus the peace of mind - a whole house Generac system.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017