710 Arrow Point DR #21
About This Property
Welcome to the cutest seaside style cottage in the area! Enjoy low-maintenance living with a full masonry exterior, beautiful wood floors, and no carpet. The HOA maintains the yard, providing you with more free time and less hassle.
This delightful home is located in a secure, gated community with plenty of visitor parking. It features a brand-new roof as of May 2024, ensuring peace of mind for years to come.
Conveniently situated within walking distance to coffee shops, breakfast spots, banks, and bars, you'll have everything you need just a short stroll away. Major retailers like HEB, Home Depot, and Walmart are only a mile away, making errands a breeze.
Despite its central location, this community is a quiet, hidden gem, offering tranquility while still being close to all amenities. Feel free to enhance your outdoor space with a deck or fence, pending HOA approval.
The cottage includes:
- 2 bedrooms
- 2 bathrooms
- Small hallway area perfect for a desk
- Inside utility room with additional storage space
This is the perfect home for those seeking a peaceful yet conveniently located retreat. Don't miss out on this fantastic opportunity!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Listed by RE/MAX Capital City | $399,000 | |
| Listed by RE/MAX Capital City | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/26/2024
|
3 Bed
|
3 Bath
|
1760 ft²
|
$399,000
3 Bed
3 Bath
1760 ft²
|
$399,000
07/26/2024
|
ANGELINE POE
JBGoodwin REALTORS WC
| |
|
05/23/2024
|
2 Bed
|
2 Bath
|
1315 ft²
|
$399,000
2 Bed
2 Bath
1315 ft²
|
$399,000
05/23/2024
|
Diane Bennett
RE/MAX Capital City
| |
|
04/11/2024
|
3 Bed
|
2 Bath
|
1777 ft²
|
$427,500
3 Bed
2 Bath
1777 ft²
|
$362,900
-15.11%
04/11/2024
|
Chrissy Hand
Coldwell Banker Realty
| |
|
01/28/2021
| |
2 Bed
|
2 Bath
|
1357 ft²
|
$350,000
2 Bed
2 Bath
1357 ft²
|
-
-
|
Ginna Smith
Keller Williams - Austin SW
|
|
06/11/2020
|
3 Bed
|
3 Bath
|
1750 ft²
|
$319,000
3 Bed
3 Bath
1750 ft²
|
-
-
|
Laurie Flood
Keller Williams - Austin NW
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017