7727 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 |
|---|---|---|---|
| Sep 28, 2023 | Sold | ||
| Sold | |||
| Aug 9, 2023 | Listed by Keller Williams City-View | $200,000 | |
| Listed by Keller Williams City-View | |||
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Multiple offers received. Welcome to the charming Estates of Cimarron! This 1-story home was custom-built by Morton in 1987, has good bones and offers a perfect blend of comfort and functionality, and will benefit from some TLC. Investors will find great opportunities in improving the aesthetics here. Boasting 3 beds, 2 baths, two living areas and a 2-car garage, this 1,759 square foot gem sits on a 0.168-acre property. The open floor plan features two living areas, dining and breakfast spaces with a convenient bar, and a spacious kitchen that flows effortlessly into the living room adorned with a cozy, wood burning fireplace. The entryway skylight and bay windows in the front and rear flood the home with natural light, highlighting the high ceilings and adding to its curb appeal. Embrace the joy of living with mature trees providing shade and a large kitchen with abundant cabinet space, perfect for culinary enthusiasts. Don't miss the opportunity to call this delightful property your home! Home is plumbed for a water softener and features an interior utility room. Located in a prime area, this home provides easy access to schools, parks, shopping centers, dining options, and major highways, ensuring a convenient lifestyle. Grass has been enhanced in photos to show potential.
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| Aug 20, 2007 | Sold | ||
| Sold | |||
| Jul 16, 2007 | Listed by RE/MAX Associates | $112,900 | |
| Listed by RE/MAX Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017