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1021 Falcon Heights
About This Property
views from multiple vantage points. Designed to impress, the main level
features soaring cathedral ceilings and an open-concept floor plan that
seamlessly connects the great room, dining area, and kitchen-perfect
for both everyday living and entertaining. This home also has a newer roof and all the walls of interior were freshly painted within the past year.
One floor living with primary bedroom suite on main level along with
den/office and laundry room. Grand sized dining room for at least 12 to
14. Breakfast room from very spacious kitchen provides magnificent
view of lake and mountains through Big Canoe and beyond. Upper level
has two additional bedrooms/baths along with a large loft with build in
bookcases for work space or relaxing.
Terrace level boasts impressive 12-foot ceilings, creating a bright and
airy extension of the home with abundant space for guests, recreation, or
a private retreat. Two more bedrooms and a recreation room are on this
level. There is also a very large workshop with exterior double door
entry for woodworking or just extra storage.
Expansive decks on both levels provide the ideal setting to relax and
take in the stunning natural surroundings year-round.
Home is offered with the option to purchase furnishings so this property
presents a turnkey opportunity. Select artwork is also available
separately, allowing you to further customize this exceptional residence.
Experience the best of Big Canoe living in a home that combines space,
style, and unforgettable views. Buyer to verify all information and dimensions deemed important.
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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 |
|---|---|---|---|
| Aug 1, 2026 | Price Decreased |
$1,249,000
↓ $48K
(3.7%) | |
| Price Decreased | |||
| May 8, 2026 | Price Decreased |
$1,297,000
↓ $53K
(3.9%) | |
| Price Decreased | |||
| Apr 9, 2026 | Listed by Big Canoe Brokerage, LLC. | $1,350,000 | |
| Listed by Big Canoe Brokerage, LLC. | |||
| May 23, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017