713 Red Arrow Trail
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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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Feb 25, 2026 | In contract | - | |
| In contract | |||
| Feb 16, 2026 | Listed by Equity Union | $1,295,000 | |
| Listed by Equity Union | |||
| Aug 2, 2023 | No longer available | - | |
| No longer available | |||
| Jan 24, 2023 | Listed by Bennion Deville Homes | $1,999,000 | |
| Listed by Bennion Deville Homes | |||
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This lottery lot home at Indian Ridge is an absolute dream! Enjoy gorgeous views of the water, golf course, and the southern mountains to your heart's content from this two-story pool home. With 3,402 square feet at your disposal, there is a wonderful lanai off the master bedroom for watching birds and water fowl of all types. The home boasts a sunken tub, tiled shower and generous walk-in closet in the master bedroom - not to mention two additional guest bedrooms with the possibility of a 4th sleeping area. With an open concept in the kitchen and living area, you can make it yours with today's fascinating decor ideas, a truly blank canvas just waiting to be dressed up! With the home being set against the 5th hole on Grove course, gorgeous views are always at hand. And another bonus, there is no wait for a Golf Membership with the purchase of this home. Furnished per inventory list. Don't miss the opportunity to own one of the best south-facing lots in Indian Ridge! The manager has listed the unit size as 3402 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017