720 Arroues Drive
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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 |
|---|---|---|---|
| Sep 7, 2018 | No longer available | - | |
| No longer available | |||
| Sep 4, 2018 | Sold | ||
| Sold | |||
| Jul 16, 2018 | Listed | $733,000 | |
| Listed | |||
| | |||
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GOLF COURSE LIVING AT ITS FINEST. ABSOLUTELY INCREDIBLE & BREATHTAKING GOLF COURSE AND PEACEFUL SUNSET VIEWS FROM ALL WEST FACING WINDOWS! Rarely on the market! This is a lovely two story SFR, attached only on one side, on a private street in the President Homes tract. There are only 16 homes in the Stone Pine HOA. Quiet, relaxing community ambiance and surroundings are very well kept by Association. Three bedrooms + den (could be 4th bedroom) and 2.5 bathrooms, in need of cosmetic updating only! Enter through a large gated, very private front courtyard, to a double door entry, discovering an open floor plan w/ vaulted ceilings and comfortable layout for perfect entertaining. Warm, inviting living room w/ stone accented fireplace, formal dining room. Spacious kitchen with stainless steel appliances and large trey ceiling. Nice sized family room leading to peaceful backyard. Elegant master suite with double closet, viewing balcony that takes your breath away. Handy laundry room downstairs. Direct access to the 2 car garage plus long driveway that fits 4 additional cars. Wonderful back patio with a fire pit for you to sit by and enjoy the tranquility of the perfect setting. Walking distance to Award winning Beechwood elementary/junior high school. One of the best homes in the area. Enjoy lighted tennis court, green belts, huge gazebo and a large pool & spa area w/ golf course views. HOA maintains the front yard, building exterior, tile roof and the many neighborhood amenities. The manager has listed the unit size as 2320 square feet.
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| Jun 21, 2018 | Listed by Century 21 Award | $733,000 | |
| Listed by Century 21 Award | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017