724 Broken Arrow
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 |
|---|---|---|---|
| Dec 1, 2025 | Sold | ||
| Sold | |||
| Nov 16, 2025 | In contract | - | |
| In contract | |||
| Sep 15, 2025 | Listed by Lake Homes Realty LLC | $475,000 | |
| Listed by Lake Homes Realty LLC | |||
| Jan 10, 2025 | In contract | - | |
| In contract | |||
| Dec 31, 2024 | Listed | $530,000 | |
| Listed | |||
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Discover your perfect retreat in the sought-after Lake Arrowhead community! No rental restriction. This stunning 2-year-old home seamlessly blends modern luxury with the serenity of lake living.
Located within an hour of metro Atlanta. Master on main with additional 3 bedrooms on the full walk-out basement. Lake Arrowhead includes a 540-acre lake with a marina for boating and kayaking, excellent fishing, a championship 18-hole golf course with clubhouse dining, a pro shop, a driving range, miles of walking trails, 2 swimming pools, a playground, dog park, tennis, and pickleball courts, and many planned community activities. Gated Community with 24hrs onsite Security. The heart of the home is the gourmet kitchen, boasting sleek granite countertops and top-of-the-line stainless steel appliances. The open floor plan is flooded with natural light, creating a warm and inviting atmosphere. Step outside to the deck, where you can enjoy breathtaking mountain views and the fresh mountain air. The spacious master suite on the main level offers ultimate comfort and convenience. This home also features an unfinished basement, providing endless possibilities for customization to suit your needs. The Lake Arrowhead community offers amazing amenities, from recreational facilities to scenic trails, allowing you to fully embrace the lake lifestyle. Don't miss the chance to make this exceptional property your new home. The community is Gated and Manned 24/7, Must Present a Valid ID & Business Card for Access. Current owner has spent more than $60k in backyard upgrades. Don't miss this Master suite main!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017