1400 Big Falls Drive
About This Property
Built in 2019 with just over 1,600 square feet, this move-in-ready home offers modern comfort and smart design. Step inside to discover fresh paint and new carpet throughout, with bright, open living spaces that flow easily from room to room. The living room makes an immediate impression with an accent wall and a custom trim work fireplace that adds character and warmth you don't typically see at this price point. The efficient layout maximizes living space while still offering privacy in the bedrooms-perfect for daily living, working from home, or entertaining.
But let's talk about what really matters here-you're buying into Wendell Falls. That means access to The Farmhouse clubhouse with its saltwater pool, fitness center, and cafe, plus over 10 miles of walking and biking trails, parks, lakes, and green space designed around outdoor living. You get the full resort-style experience without stretching your budget.
Homes at this price in Wendell Falls move quickly because buyers know the value. If you've been waiting for your chance to get into this neighborhood, this is it! #resortlife
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Apr 4, 2026 | In contract | - | |
| In contract | |||
| Mar 21, 2026 | Price Decreased |
$354,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Mar 5, 2026 | Price Decreased |
$359,900
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Feb 6, 2026 | Price Decreased |
$369,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017