8329 Arrowhead Lane
About This Property
This home has been updated with solar panels, energy-efficient windows, a water heater, HVAC
system to name a few. The backyard could be your oasis; previously it housed an above-ground
pool, kids swing set, tire swing, and a host of other celebrations. You will find no back
neighbors here. For your convenience, you can walk to the immediate jogging trail at the back
gate that will take you through the neighborhood.
The home offers original hardwoods in various areas throughout. If you are looking for a move-in
ready yet willing to roll up your sleeves to outfit it to your own preference, this place is
for you. All 3 refrigerators/freezers to remain with the home.
This home is for sale "As Is - Where Is". All dimensions are estimates and should be
independently verified.
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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 |
|---|---|---|---|
| Sep 16, 2025 | Sold | ||
| Sold | |||
| Sep 5, 2025 | In contract | - | |
| In contract | |||
| Jun 6, 2025 | Listed by B & W Realty Group LLC | $180,000 | |
| Listed by B & W Realty Group LLC | |||
   | |||
|
Incredible opportunity in a prime location! This burned home sits on a massive 21,054 sqft lot with no HOA—perfect for investors or builders. Whether you choose to renovate the existing structure or start fresh and build your dream home, the potential is endless. The large lot size also opens the door for replatting and developing multiple new homes. Don’t miss out on this rare chance to turn vision into value!
| |||
| Mar 26, 2025 | Price Decreased |
$195,000
↓ $5K
(2.5%) | |
| Price Decreased | |||
| Feb 8, 2025 | Price Decreased |
$200,000
↓ $20K
(9.1%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Southeast Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 4123920
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017