4514 Arrowwood Road
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 |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| Jun 6, 2024 | No longer available | - | |
| No longer available | |||
| May 18, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by GilmerDaingerfieldGladewater | $699,900 | |
| Listed by GilmerDaingerfieldGladewater | |||
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If privacy and seclusion is the name of your game, this just might be the property for you. Located on 16 acres in Gilmer ISD on the Gilmer/Harmony ISD lines and just a stones throw from Lake Gilmer. As soon as you walk in the front door, you are drawn in by the details and view that this home provides. At only 4 years old, this house simply invites you in to live the life you always dreamed of. From the windows to the kitchen to the master bathroom, this home was built for convenience and comfort. Relax in the pool or hangout on the covered porch and/or the sofa and enjoy the uninterrupted view of the back pasture and feel the breeze through your panoramic fully opening doors/windows. Need an office space, 4th Bedroom or maybe even a second living area, we have that too. Come home to country living in this upscale farmhouse that is simple and comfortable yet classy at the same time. In case of bad weather, the house is wired for a generator and also has a storm shelter. All the bases of creature comfort are definitely covered. The manager has listed the unit size as 2593 square feet.
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| Oct 13, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017