1320 Cascade 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 |
|---|---|---|---|
| Aug 16, 2021 | Sold | ||
| Sold | |||
| Jun 29, 2021 | Listed by NB Elite Realty | $424,995 | |
| Listed by NB Elite Realty | |||
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Beautiful two story home in the desirable Friendswood Lakes Subdivision. This spacious home features 4 bedrooms, 3.5 baths, a large family room, study and upstairs game room. The master bathroom features a duel vanity, separate shower and freestanding tub. The sizable backyard features a covered patio perfect for grilling, outdoor enjoyment and plenty of room for a pool! The roof was replaced 8/2016, HVAC's were recently replaced (4-ton 3/2019, 3-ton 4/2021), new fence and carpet.
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About Friendswood Lakes
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Currently no similar homes aroundNearby Rentals
$3,200 /mo
- 5 Beds
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- 1,986 ft²
$3,500 /mo
- 4 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017