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24840 Arrow Court
About This Property
The standout feature is the main-level primary suite. Your private sanctuary sits on the same floor as the kitchen and living areas, so everything you need day to day is right there without climbing stairs. Rich tongue-and-groove ceilings, two crackling fireplaces, and a showstopping Texas cobblestone hearth give the home warm rustic character. Walls of oversized windows flood every room with sunshine. The refreshed kitchen pairs sleek Corian counters with quality appliances and generous cabinetry. Downstairs, the lower-level bedrooms flex as guest quarters, a hobby room, or a quiet home office.
Outdoors, wide-open acreage invites you to garden, explore, or simply breathe in the crisp mountain air. You also get RV parking, three storage sheds, and an inviting firepit patio for starlit evenings. Bear Valley's sparkling lakes, golf course, country club, and scenic trails are only minutes away. This is elevated mountain living.
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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 |
|---|---|---|---|
| Nov 2, 2026 | Listed by SCV Country Real Estate | $639,700 | |
| Listed by SCV Country Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017