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5633 ARROWHEAD Drive
About This Property
Approximately 1,050 sq ft featuring laminate flooring throughout, granite countertops in the kitchen, new cabinets, and updated restrooms. Refrigerated air keeps things comfortable year-round.
The spacious backyard is perfect for entertaining and the detached oversized garage/workshop (rare for this area) offers potential for conversion into a studio suite.
Covered carport with direct kitchen access. Located near Newman Elementary and Andress High School.
Whether you're a first-time buyer or an investor, this home is move-in ready and full of potential.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017