148 Falls Creek Drive
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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 22, 2018 | Sold | ||
| Sold | |||
| Jun 21, 2018 | Listed by Casa Morgan Real Estate, LLC | $252,733 | |
| Listed by Casa Morgan Real Estate, LLC | |||
| | |||
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-The Cardinal by H&H features an open floor plan w/coffered ceilings in the formal dining room, a large kitchen w/ island opening to generous sized eat in nook & powder room. The kitchen & nook open to the large family room. Upstairs you will find a relaxing master suite with cathedral ceiling, his & her walk in closets, dual vanities, garden tub & separate shower. Large laundry room, three bedrooms & full bath. Located in the gated community of Anderson Creek Crossing.
| |||
| May 23, 2018 | Listed by CASA MORGAN REAL ESTATE, LLC | $252,733 | |
| Listed by CASA MORGAN REAL ESTATE, LLC | |||
| Feb 8, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017