3056 ARROWHEAD 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.
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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 |
|---|---|---|---|
| May 20, 2023 | No longer available | - | |
| No longer available | |||
| Apr 10, 2023 | In contract | - | |
| In contract | |||
| Mar 22, 2023 | Listed by Compass | $2,995,000 | |
| Listed by Compass | |||
| | |||
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*Offers due Monday 4/3 at 3pm* Impeccable modern infused with warmth and radiance nestled on a quiet street in coveted Lake Hollywood. This 4 bed 3 bathroom home is expansive and comfortable, open and thoughtfully sectioned with a duality that flows through the entire property and allows for endless possibilities. Dynamic entrance features statement two-story stone wall and floating staircase, as well as a sprawling atmospheric living space where energy flows effortlessly throughout. Windows line the walls with natural light cascading in from all directions while providing an enticing snapshot of the abundant greenery surrounding the home. The kitchen, the piece de resistance, with oversized lavish marble island and stainless steel appliances will turn even the most timid cook into a certified chef. Upstairs the grandiose and zen primary suite boasts massive walk-in closet as well as spa-like bathroom with views from the freestanding tub. Outside, a lush tropical oasis furnished with outdoor bbq, pool with spa, and pergola primed for quiet evenings enjoying nature or dinner parties that turn nights into mornings. Smart home equipped with surround sound & indoor/outdoor speakers, Dolby 5.1 surround sound for the living room TV, security system/cameras, custom motorized window shades and Lutron smart lights throughout, and solar panels. A quick walk to the iconic Hollywood sign, hiking trails, and dog park as well as easy access to freeways. And a hop, skip, and a jump away from Beachwood Canyon and the shops and eateries in Franklin Village. The manager has listed the unit size as 2883 square feet.
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| Jun 14, 2019 | Sold | ||
| Sold | |||
| Mar 18, 2019 | Listed by The Agency | $2,685,000 | |
| Listed by The Agency | |||
Property Highlights
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About Central LA
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017