31 Arrowhead DRIVE
About This Property
Welcoming you is a charming covered front porch and an elegant entrance through a leaded glass door. Inside, fine craftsmanship shines with crown molding, large tiles, and premium wood laminate flooring. The open split floor plan with high-volume ceilings revels in natural light, accentuated by tasteful lighting and fans. A culinary dream awaits in the kitchen with granite countertops, wood cabinetry, and stainless steel appliances, while a spacious pantry and nook overlook the screened lanai and open patio-ideal for BBQs or stargazing next to a cozy bonfire.
Equipped with hurricane-impact windows for year-round protection and pre-wiring for a spa and backup generator, the home is designed for utmost peace of mind. The master suite offers tranquility and rest, paired with a generous bathroom featuring dual sinks and a walk-in shower.
With direct access to the beauty of Hidden Lakes, this residence balances the quiet allure of natural surroundings with the ease of city living, making it an exquisite sanctuary for those who cherish a life well-lived in the embrace of nature.
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Cap Rate Calculator
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 10, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Price Decreased |
$449,899
↓ $16K
(3.4%) | |
| Price Decreased | |||
| Mar 9, 2024 | Price Decreased |
$465,900
↓ $4K
(0.9%) | |
| Price Decreased | |||
| Feb 23, 2024 | Price Decreased |
$469,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
Property Highlights
Building Info
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About Palm Coast
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017