85 Arrow Lane
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 |
|---|---|---|---|
| Apr 13, 2022 | Sold | ||
| Sold | |||
| Feb 14, 2020 | Sold | ||
| Sold | |||
| Nov 14, 2019 | Listed by Compass -- Raleigh | $219,500 | |
| Listed by Compass -- Raleigh | |||
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Looking for your cozy place to call HOME? Look no further than Archers Crossing! With over HALF AN ACRE and a deck, you'll have room to move and plenty of outdoor living space. Enjoy this open floorplan with vaulted ceilings, 3 bedrooms, 2 FULL baths, and upgrades throughout. White cabinets and black pearl granite countertops sure do make this home POP. Within minutes from Wendell, Zebulon, and 20 minutes from Raleigh, you will get the full experience of city convenience and country serenity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017