1601 Falls Creek 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 |
|---|---|---|---|
| Jun 20, 2019 | Sold | ||
| Sold | |||
| Oct 5, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $645,000 | |
| Listed | |||
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Rare, one-story, fully-furnished cabin in the high-end, amenity-rich subdivision of The Harbor. A former model in The Harbor, this cabin has a well-designed, spacious floorplan with high-quality designer touches throughout. The scenic and peaceful water-frontage will draw you outside to enjoy your roomy covered patio with a built-in grill and large, nicely landscaped yard next to the babbling creek that feeds into the lake on the side of your property. Enjoy all the amenities in The Harbor such as The Harbor Grille, marina, the Country Chapel, stocked fishing holes, two pools, Fitness Center, Spa, walking trails, tennis, volleyball, a playground and a putting green. The manager has listed the unit size as 2322 square feet.
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| Nov 28, 2017 | Listed by Williams Trew Real Estate | $625,000 | |
| Listed by Williams Trew Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017