110 Falls Point Drive #2A
About This Property
The manager has listed the unit size as 2000 square feet.
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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 10, 2024 | No longer available | - | |
| No longer available | |||
| May 22, 2024 | Price Decreased |
$524,900
↓ $25K
(4.6%) | |
| Price Decreased | |||
| Apr 1, 2024 | Price Decreased |
$549,900
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Mar 12, 2024 | Price Decreased |
$574,900
↓ $25K
(4.2%) | |
| Price Decreased | |||
| Feb 12, 2024 | Listed | $599,900 | |
| Listed | |||
| | |||
|
Four bedroom Eastshore at The Falls condo with an amazing view, huge boat slip, & a covered parking garage. The perfect compilation of everything you want in a condo. It starts with a reserved parking spot in the covered garage only feet from the front door. Zero steps into the unit & with use of the elevator there are zero steps to the dock as well as guest parking. From there you enter into the condo to be amazed with the spaciousness and are drawn to the wall of glass and views of the lake. Facing North East, sitting directly above the pool, the views are beyond impressive! Inside is a rare chance to buy a true 4 bedroom condo. The 2 masters, and a large, open, kitchen/entertaining area are wonderful features. Seller recently had a beautiful custom bar with leathered granite & a second fridge installed. The kitchen is also great with gorgeous quartz counters. Step outside to be impressed with one of the largest, wrap around decks you will find. You can also see your 16X46 ft boat slip with a space & lift for a pwc. This unit comes fully furnished & has the possibility to make an excellent vacation rental. The falls is a nice complex that is well maintained & has nice grounds. The manager has listed the unit size as 2000 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/28/2024
|
3 Bed
|
3 Bath
|
1500 ft²
|
$425,000
3 Bed
3 Bath
1500 ft²
|
-
-
|
GINNY ROSE MUELLER
Pinnacle Real Estate Partners
| |
|
10/06/2023
|
4 Bed
|
3 Bath
|
2000 ft²
|
$599,900
4 Bed
3 Bath
2000 ft²
|
-
-
|
MATTHEW JAMES SCHRIMPF
Berkshire Hathaway HomeServices Lake Ozark Realty
| |
|
04/09/2022
|
3 Bed
|
3 Bath
|
1450 ft²
|
$350,000
3 Bed
3 Bath
1450 ft²
|
-
-
|
VICKIE FELITSKY
EXP Realty, LLC
| |
|
10/09/2021
|
3 Bed
|
3 Bath
|
1308 ft²
|
$335,000
3 Bed
3 Bath
1308 ft²
|
-
-
|
RYAN GATTERMEIR
EXP Realty, LLC
| |
|
09/03/2021
|
5 Bed
|
3 Bath
|
1916 ft²
|
$599,000
5 Bed
3 Bath
1916 ft²
|
-
-
|
RYAN GATTERMEIR
EXP Realty, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017