7r Arrow Drive
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 13, 2023 | Sold | ||
| Sold | |||
| Aug 9, 2023 | Listed by Salem Manufactured Homes, LLC | $182,900 | |
| Listed by Salem Manufactured Homes, LLC | |||
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Adorable, freshly updated home for sale in Ackermans Retirement Community! This home features +/- 808 sqft, 2 bedrooms, 2 bathrooms and some fresh cosmetic updates so all is left is to move in. New counters, new flooring, fresh paint, new light fixtures, new cabinets, and updated bathrooms as well. Ideal location within town close to major routes/highways but still able to get around backroads. Large shed for additional storage. For residents 55+, no dogs allowed, sale subject to community approval. Schedule a private showing today!
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| Aug 1, 2023 | Sold | ||
| Sold | |||
| Apr 8, 2023 | Listed by BHHS Verani Salem | $169,900 | |
| Listed by BHHS Verani Salem | |||
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Beautiful fully renovated 2 bedroom home. Located in a 55 and older park next to Arlington Pond in a great Salem NH location. Easy access to Rte 93 and 111. The home boasts new flooring, cabinets, granite counters, bathrooms and so much more. Come and take a look you will not be disappointed.
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| Sep 7, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017