427 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 |
|---|---|---|---|
| Oct 12, 2022 | Sold | ||
| Sold | |||
| Sep 9, 2022 | Listed by Keller Williams Realty Allen | $450,000 | |
| Listed by Keller Williams Realty Allen | |||
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Charming 4 bed, 2 bath home in the Reid Farm neighborhood in the highly desired Allen ISD. Enjoy making memories with family or friends around the table in the formal dining room. The formal living could be used as office space if needed. Custom plantation shutters throughout! New LVP flooring has been installed in the main living areas. The large kitchen has new quartz countertops, tons of cabinetry, pantry and ample prep space including an island and breakfast bar. Cozy up by the fireplace in the living room or relax in the master suite with a spa like bath including garden tub. Lighting upgrades. Upgraded landry with new cabinets. New roof in 2019, New AC 2019. Kitchen is plumbed for gas. Great location, easy access to highways 75 and 121. Close to shopping, dining and entertainment.
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| Jul 26, 2019 | Sold | ||
| Sold | |||
| Jul 16, 2019 | Listed by Keller Williams Realty Allen | $275,000 | |
| Listed by Keller Williams Realty Allen | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017