111 Falls Drive
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 |
|---|---|---|---|
| Sep 10, 2026 | Price Decreased |
$19,000
↓ $1K
(5%) | |
| Price Decreased | |||
| Jul 10, 2026 | Listed by Allen Tate Realty | $20,000 | |
| Listed by Allen Tate Realty | |||
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by Allen Tate Realty | $15,000 | |
| Listed by Allen Tate Realty | |||
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Nice building lot on Chickasaw golf course. If you have dreamed of living in a place that offers golf, boating, fishing nature and outdoor activities, then you have found it!! Close to amenities such as the restaurant and bar complete with pro-shop. Join your friends on the deck for your favorite beverage or stop by the beach and watch a sunset! Great price and location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017