117 Falcon Crest Drive #1
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 |
|---|---|---|---|
| Dec 1, 2023 | No longer available | - | |
| No longer available | |||
| Sep 27, 2023 | Price Increased |
$640,000
↑ $40K
(6.7%) | |
| Price Increased | |||
| Sep 19, 2023 | Listed | $600,000 | |
| Listed | |||
| Aug 17, 2023 | No longer available | - | |
| No longer available | |||
| Jun 6, 2023 | Listed | $549,900 | |
| Listed | |||
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This Summit floor plan balances ease of living with a charming cottage design. From casual living areas to master suite with a convenient door to the backyard, this cottage is designed with comfort in mind to suit your wishes. This cottage features a spacious primary suite on the first floor with its own private bathroom and walk-in closet. Open living room and kitchen design make this home perfect for entertaining all year long. The second floor boast 2 additional spacious bedrooms and a full bath. The Cottages at Winding Ridge are thoughtfully designed homes with a close-knit 55+ community where neighbors wave to each other and gather to enjoy one another's company. Filled with charm and character, this warm and inviting neighborhood has cottages nestled together to allow residents to easily interact while preserving personal space and privacy. Reserve yours today! This unit is not built yet. Pictures are similar to be built and may contain upgrades.
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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 |
|---|---|---|---|---|---|---|---|
|
06/06/2023
|
3 Bed
|
2.5 Bath
|
-
|
$549,900
3 Bed
2.5 Bath
|
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-
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Carrie Scovi Amy Foley
Signature Homes Real Estate Group, LLC
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017