415 Straight Arrow Lane
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 |
|---|---|---|---|
| Oct 19, 2023 | Sold | ||
| Sold | |||
| Sep 27, 2023 | No longer available | - | |
| No longer available | |||
| Aug 2, 2023 | Price Decreased |
$250,000
↓ $49K
(16.4%) | |
| Price Decreased | |||
| Jun 14, 2023 | Listed by ORO Realty | $299,000 | |
| Listed by ORO Realty | |||
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Come check out this one of a kind of 1920's German home originally from Brenham and moved to Somerville in the sought after Birch Creek Forest subdivision next door to Lake Somerville and state park and just up the road from the boat ramp. This one of a kind home sits on 3 lots and is on over an acre! It features so many uniqueness within a home that is hard to find! Shiplap walls, vintage wood cabinets, oversized covered deck, original wood windows, cozy covered front porch that wraps around to back deck, and beautiful built ins. This home also backs up to a green belt and sits on the middle lot with the remaining lots to the right and left of the home. Subdivision is also short term rental friendly. This property is on three lots CAD # 22585-103318-22591 The manager has listed the unit size as 856 square feet.
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| Aug 17, 2022 | Listed by Oro Realty | $250,000 | |
| Listed by Oro Realty | |||
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Come check out this one of a kind of 1920's German home originally from Brenham and moved to Somerville in the sought after Birch Creek Forest subdivision next door to Lake Somerville and state park and just up the road from the boat ramp. This one of a kind home sits on 3 lots and is on over an acre! It features so many uniqueness within a home that is hard to find! Shiplap walls, vintage wood cabinets, oversized covered deck, original wood windows, cozy covered front porch that wraps around to back deck, and beautiful built ins. This home also backs up to a green belt and sits on the middle lot with the remaining lots to the right and left of the home. Subdivision is also short term rental friendly.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017