42 Arrowhead Drive
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 |
|---|---|---|---|
| Feb 7, 2022 | Sold | ||
| Sold | |||
| Dec 29, 2021 | Sold | ||
| Sold | |||
| Jul 9, 2021 | In contract | - | |
| In contract | |||
| Jun 18, 2021 | Listed by Signature Premier Properties | $299,942 | |
| Listed by Signature Premier Properties | |||
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Sprawling cape in the heart of Shirley Tangiers! First floor features include master bedroom w/ walk in closet, living room w/sliders out to expansive rear deck, full bathroom & Large kitchen w/ dining area. Upstairs has 2 bedrooms w/ ample storage space and a hallway bath w/ shower. Fully fenced front and rear yards, 4+ car driveway parking & detached 2.5 car garage.
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| Jun 8, 2021 | Listed by Signature Premier Properties | $299,942 | |
| Listed by Signature Premier Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017