3 Arrowhead Ln
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 27, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by Advisors Living - Plymouth | $1,400,000 | |
| Listed by Advisors Living - Plymouth | |||
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Perched on the edge of possibility, this waterfront beauty boasts unobstructed views that redefine serenity. This hidden gem is priced below assessed value so you will gain instant equity! While this home whispers echoes of bygone elegance, it yearns for a touch of modernity to unlock its full potential. Imagine the possibilities: an open-concept living space bathed in sunlight, expansive windows framing the ever-changing tapestry of the water, and a chef's kitchen where culinary creativity meets tranquil inspiration. Unlock its full potential and create your dream retreat—dare to reimagine luxury living at its finest, where the embrace of nature meets the promise of tomorrow. Whether you dream of a private retreat or envision a visionary renovation project, this property promises a lifestyle where the value of land and the allure of water merge into a singular, unforgettable experience.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017