117 Faulkner Lane
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 |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Feb 13, 2025 | Listed by Kelly, Realtors | $390,000 | |
| Listed by Kelly, Realtors | |||
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | Listed by Kelly, Realtors | $100,000 | |
| Listed by Kelly, Realtors | |||
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Fantastic opportunity to breathe new life into a custom brick home located just one block from the Brazos River in Waco, TX! This home has good bones and a great floorplan. Situated on a .33 acre lot with towering mature pecan and oak trees. Fully fenced (some areas have damage). Views of Cameron Park and the walking trails along the Brazos to the right and well kept homes to the left. This diamond in the rough is waiting to shine again. Sold "As Is".
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017