8440 S Arrowhead Dr
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 |
|---|---|---|---|
| Jun 24, 2025 | Sold | ||
| Sold | |||
| May 27, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Price Decreased |
$885,000
↓ $40K
(4.3%) | |
| Price Decreased | |||
| Mar 28, 2025 | Listed by Your Castle Real Estate Inc | $925,000 | |
| Listed by Your Castle Real Estate Inc | |||
| | |||
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Stunning Mountainside Home with Breathtaking Views
Welcome to your modern, bright retreat perched along the mountainside with panoramic views that stretch for miles. This home has been completely updated to blend contemporary style with comfortable living.
Step into the open kitchen, featuring sleek grey cabinets, stainless steel appliances, and pristine white quartz countertops. The space flows effortlessly into the living area, which boasts wood plank vaulted ceilings, a charming cast iron fireplace, wood flooring, and stylish light fixtures. From here, walk out onto a spacious deck perfect for enjoying the views or entertaining guests.
The main level also includes a chic powder room with a quartz vanity, a pantry closet, a laundry room, and a versatile bedroom that can easily serve as a home office.
Upstairs, the primary suite offers a private sanctuary with a walkout balcony. The luxurious ensuite bathroom features a dual quartz vanity and a spacious walk-in shower with dual showerheads and beautiful tilework.
The walkout lower level is designed for relaxation and entertainment. It features fresh, new carpet, a cozy entertaining space with a freestanding pellet stove, a wet bar, and sliding glass doors that open to another deck with stunning views. This level also includes a modern full bathroom and two additional bedrooms.
In addition, multiple closets plus the detached 2-car garage, you'll have plenty of storage space!
Don't miss the opportunity to experience the best of foothills living in this beautifully updated home!
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| Dec 4, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017