871 Red Arrow Trail
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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%.
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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 |
|---|---|---|---|
| Aug 6, 2021 | Sold | ||
| Sold | |||
| Jul 1, 2021 | Listed by Desert Sotheby's International Realty | $1,450,000 | |
| Listed by Desert Sotheby's International Realty | |||
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Stunning South facing, modern remodel inside in Indian Ridge Country Club. This Smoke Tree 2 plan has been completely remodeled inside with quartz countertops, dual islands with waterfall edges, stainless steal appliances, new shaker cabinets, Italian wood like porcelain tile and two new AC units. Open concept with formal dining room space, modern glass wine closet, elongated second island great for entertaining with a second dishwasher. All bedrooms with baths en-suite. Dramatic mountain views overlooking the 6th hole with water also with fairway and views of the green. Indoor/ Outdoor living with extended living room outside with built in BBQ and firepit. Includes Designer Furniture. Golf Membership available but not mandatory on this property.
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| Jul 7, 2020 | Sold | ||
| Sold | |||
| Jun 6, 2020 | Listed by Grand Pacific Properties Group | $1,150,000 | |
| Listed by Grand Pacific Properties Group | |||
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Stunning CUSTOM REMODEL along the 6th Hole of the Grove Course at Indian Ridge Country Club! FRESH MODERN ELEGANCE Combines with an Ultimate South Facing Setting that Encompasses Panoramic Views of Mountains, Water, Fairway & Green! The Spectacular Reinvention of this Smoketree 2 Plan Delivers Major Wow Factor! An Entertainer's Dream Kitchen & Bar with Quartz Counters & Waterfall Edges, Professional Appliances & Gorgeous New White Shaker Cabinetry. Spacious Open Concept Living Extends Out Onto approx 1500+ Square Feet of Terrace with NEW Built-in BBQ & Resort-Quality Fire Pit! 3 en-Suite Bedrooms with 3.5 Fabulous BRAND NEW Baths, 8ft Doors throughout, LED Lighting & Decadent ''Halo'' Living Room Chandelier, Custom Wine Closet, Smooth Texture Walls & Ceilings, Italian Porcelain Wood Floors and 2 New A/C Units! Offered Completely Turn-Key Designer Furnished with Artwork, Accessories, Linens & Full Kitchen Inventory! Gorgeous Entry Courtyard with New Landscape & Hardscape. Too Many Details to List! Truly an Exceedingly Rare Opportunity to Purchase a 2020 REMODEL in this Exclusive Desert Community! Club or Golf Membership Available!
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| May 19, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017