16 Fall Creek Trail #1
About This Property
The manager has listed the unit size as 619 square feet.
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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 |
|---|---|---|---|
| Apr 15, 2023 | No longer available | - | |
| No longer available | |||
| Mar 4, 2023 | In contract | - | |
| In contract | |||
| Feb 20, 2023 | Listed | $159,900 | |
| Listed | |||
| | |||
|
Preferred Corner Location walk-in Condo with Golf View! Recent upgrades make this condo easy to start your Nightly Rental business. Being sold Turn-Key and ready for your 1st guest day of closing. Start booking Spring 2023 guests NOW!! Condo sleeps 4 The manager has listed the unit size as 619 square feet.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 2, 2020 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/19/2024
|
Loft
|
1 Bath
|
619 ft²
|
$154,900
Loft
1 Bath
619 ft²
|
-
-
|
Kathleen Haworth
Sue Carter Real Estate Group
| |
|
09/08/2023
|
Loft
|
1 Bath
|
619 ft²
|
$164,900
Loft
1 Bath
619 ft²
|
-
-
|
Kathleen Haworth
Sue Carter Real Estate Group
| |
|
08/07/2023
|
Loft
|
1 Bath
|
619 ft²
|
$166,500
Loft
1 Bath
619 ft²
|
-
-
|
Gerrie Moore
Keller Williams Realty Tri-Lakes-Harrison
| |
|
02/20/2023
|
1 Bed
|
1 Bath
|
619 ft²
|
$159,900
1 Bed
1 Bath
619 ft²
|
-
-
|
Kay & Jerry Fridley
Right Choice Realtors
| |
|
12/09/2022
|
1 Bed
|
1 Bath
|
551 ft²
|
$107,000
1 Bed
1 Bath
551 ft²
|
-
-
|
Kathy J Clark
Table Rock Sunset Properties
| |
|
09/11/2021
|
1 Bed
|
1 Bath
|
619 ft²
|
$99,900
1 Bed
1 Bath
619 ft²
|
-
-
|
Melinda Jane Murray
Keller Williams Tri-Lakes
| |
|
04/07/2020
|
1 Bed
|
1 Bath
|
619 ft²
|
$62,500
1 Bed
1 Bath
619 ft²
|
-
-
|
-
| |
|
01/25/2019
|
2 Bed
|
2 Bath
|
859 ft²
|
$65,800
2 Bed
2 Bath
859 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017