22 Arrow 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 |
|---|---|---|---|
| Jun 26, 2020 | Sold | ||
| Sold | |||
| Feb 28, 2020 | Listed by Compass -- Raleigh | $227,900 | |
| Listed by Compass -- Raleigh | |||
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Middlesex's newest neighborhood, Archer's Crossing. This stunning open floorpan with vaulted ceilings features 3 bedrooms and 2 FULL baths. With and oversized COVERED DECK and a .9 acre FLAT lot you'll be able to move in and enjoy outdoor living at its finest. Don't forget about the rocking chair ready wrap porch! High demand Corinth Holders School District. Just minutes to Wendell, Zebulon, Clayton and 20 minutes from Raleigh you will get the full experience of city convenience and country serenity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017