20622 Arrow Falls Lane
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 |
|---|---|---|---|
| Sep 8, 2023 | Sold | ||
| Sold | |||
| Jun 12, 2023 | Listed by eXp Realty, LLC | $445,500 | |
| Listed by eXp Realty, LLC | |||
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Situated on a large corner lot, this property boasts a picturesque setting with a park and lake located just behind it. As you step inside, you'll notice the thoughtfully designed layout that maximizes space. The first floor features a luxurious primary suite. There is a secondary bedroom with bathroom on the first level, perfect for accommodating guests. The heart of the home lies in the impressive kitchen, complete with sleek granite counters with under cabinet lighting. There is also a bright study featuring elegant French doors. Upstairs, you'll discover three more secondary bedrooms, each providing ample space for family members or guests all with walk in closets. There is a spacious game room that provides the perfect entertainment hub. Don't miss the opportunity to make this house your home. With its prime location and impressive features, it's the perfect place to create lasting memories. Schedule a showing today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017