217 Arrowwood 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.
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 12, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | Listed by Coldwell Banker Realty | $669,900 | |
| Listed by Coldwell Banker Realty | |||
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Freshly rehabbed 3 bedroom/2 bath 2290 Sqft ranch in desirable Villas North subdivision in Northbrook. A gracious foyer welcomes you with vaulted ceiling and skylights. Light and airy living spaces with hardwood floors and large windows. Large living/dining combo with designer light fixtures. The new kitchen dazzles with loads of white cabinetry, subway tile backsplash, quartz counters, an island, pantry cabinet, and new stainless steel appliance package. The adjacent huge family room features a beautiful brick fireplace perfect for holiday gatherings and access to your private patio. The spacious primary bedroom features hardwood floors and two walk in closets. The oversized stunning new primary bath features a walk in shower, a separate soaking tub, gorgeous double sink vanity, and well designed tiles and fixtures. The new hall bath is equally attractive with a beautiful vanity and neutral tones and finishes. Two more bedrooms are all nicely proportioned with ample closets. Doing laundry is a breeze in the main floor laundry closet and the two hallway closets offer plenty of additional storage. The basement level recreation room features industrial chic open ceiling and great space for everyone. Tranquil subdivision offers winding sidewalks, peaceful ponds, and maintenance free living, all at only $320 in HOA.
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| Feb 29, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | Listed by @properties Christie's International Real Estate | $445,000 | |
| Listed by @properties Christie's International Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017