718 Arrow Drive
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 |
|---|---|---|---|
| Apr 2, 2026 | Sold | ||
| Sold | |||
| Mar 20, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Listed by RE/MAX Revolution | $649,900 | |
| Listed by RE/MAX Revolution | |||
| Nov 18, 2025 | Price Decreased |
$675,000
↓ $24K
(3.4%) | |
| Price Decreased | |||
| Oct 21, 2025 | Listed | $699,000 | |
| Listed | |||
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Discover this beautifully maintained 4-bedroom, 2-bathroom home perfectly situated on a quiet cul-de-sac in the desirable East Dover section of Toms River. Step inside to find gleaming hardwood floors flowing throughout the living and dining rooms. The spacious living room, complete with a cozy gas fireplace, offers the perfect place to relax, while the stunning sunroom—with its vaulted ceiling, skylights, and sliding doors—fills the space with natural light. The recently updated eat-in kitchen features quartz countertops, stainless steel appliances, and convenient access to the backyard patio. A large two-car garage provides direct entry to an oversized laundry/mudroom, adding practicality and ease to everyday living. Storage is abundant, with generous closets and a full unfinished basement offering endless possibilities. Keep it as is for exceptional storage or transform it into a recreation space for family and friends. Updated mechanicals all are 4 years young, provide added peace of mind, and the included solar panels are a fantastic bonus, delivering the benefit of economically consistent and affordable and super low electric bills no matter how cool or warm you like to keep your thermostat. Outside, enjoy a private, fenced-in backyard with a patioperfect for entertaining, gardening, or relaxing. And remember to check out the 3-Season Room which offers another space for entertaining or relaxing in the privacy of your backyard. All of this, plus close proximity to beaches, shopping, dining, and so much more, makes this home an exceptional find.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017