70 ARROWOOD ROAD
About This Property
This cozy home underwent an extensive renovation in 2024 and all major systems (electrical, plumbing, hvac, hot water heater) were replaced. New windows, doors, drywall, insulation, trim, closet shelves and a new deck were also done at that time. High-end light fixtures and finishes have been curated throughout to complement the charming original features that were saved like the fireplace hearth, mantel and refinished hardwood floors.
If the breathtaking mountain views from your panoramic windows and deck aren't enough to make you fall in love, just wait until you see the kitchen! It is the showpiece of the home featuring custom soft-close cabinetry, a stone facade backsplash, Calcutta Lavasa quartz counter tops, custom hood floating shelves and stainless steel appliances.
The efficient floorplan has space for everything you need - 2 bedrooms ideal for kids, guests or an office, convenient stackable laundry and a beautifully upgraded full-bath with wood beams, herringbone natural stone tile floors and a rustic wood vanity. Don't miss the large walk-out crawl space offering a flexible option for abundant bonus storage.
Life in Linden offers endless opportunities for adventures: Hiking, birdwatching, fishing, rafting + easy access to the Appalachian trail, Shenandoah National Park, Skyline Drive, Skyline Caverns, downtown Front Royal and the finest Virginia wineries. All just over an hour from Washington DC with convenient access to major commuter routes!
Imagine the hiking in the spring and summer, the colors in the fall and the peaceful calm of a fresh snowfall in the winter. Perfect for a second home or vacation rental, Arrowood Cottage is "unbe-leaf-able!"
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017