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1617 Fallingwater Trail
About This Property
Located in the Sendera Ranch PH III SEC 3A subdivision in Northwest, 1617 Fallingwater Trl is a 3,057-square-foot Haslet residence with comfortable living spaces throughout. The interior features fresh paint and partial flooring replacement, while a fireplace anchors the living area with warmth and ambiance. The kitchen includes granite countertops, ample counter space, a center island, and stainless steel appliances, creating a fully equipped space for cooking and entertaining. The primary bedroom includes a walk-in closet, while the primary bathroom has double sinks and a separate tub and shower. A dedicated laundry room and attached garage add utility. Home comes with a 100-Day Home Warranty
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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 |
|---|---|---|---|
| Nov 9, 2026 | Sold | ||
| Sold | |||
| Oct 16, 2026 | In contract | - | |
| In contract | |||
| Oct 6, 2026 | Listed by Opendoor Brokerage, LLC | $365,000 | |
| Listed by Opendoor Brokerage, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017