3151 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 |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Nov 24, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Listed by Coldwell Banker Realty | $2,200,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Designed by architect Morris Bolter in 1966, this Mid-Century gem delivers privacy and space on an oversized lot, a rare find in stunning Lake Hollywood. The open plan layout reveals crisp architectural lines and a long sweep of windows framing dreamy, uninterrupted vistas of the Hollywood Hills. An airy great room flows into the open kitchen, appointed with high-end fixtures and finishes; warm hardwood floors extend throughout. Three light-filled bedrooms provide serene spaces for life and work, each with captivating views. Glass sliders open to a patio where a fire pit and reflecting pool set the scene, leading to a large grassy area perfect for dining, lounging, or enjoying the tree swing and panoramic views. Amenities include a dedicated laundry room and a two-car garage. Surrounded by lush landscape, you're close to the Lake Hollywood Reservoir, hiking trails and iconic landmarks, with the Hollywood sign visible from the front yard.
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| Jul 17, 2019 | Sold | ||
| Sold | |||
| Apr 12, 2019 | Listed by Coldwell Banker Residential Br | $1,698,000 | |
| Listed by Coldwell Banker Residential Br | |||
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