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1744 Falcon Dr
About This Property
Thoughtfully updated throughout, the home features high-gloss laminate cabinetry, a new boiler, EV charging hookup in the garage, and extensive exterior improvements including a new roof (2025), re-topped driveway (2025), and upgraded exterior columns and siding for enhanced durability. The home has been professionally painted every five years throughout the sellers' ownership, reflecting exceptional pride of ownership.
Outdoor living includes a south-facing deck with both sun and shade, natural gas grill, and dedicated dog run. Enjoy easy access to hiking and biking trails leading to nearby federal wilderness areas, while five world-class ski resorts are all within 20 minutes. Combining privacy, stunning scenery, and convenient access to Summit County recreation, this is a rare Eagles Nest opportunity.
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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 |
|---|---|---|---|
| Oct 7, 2026 | Price Decreased |
$2,000,000
↓ $175K
(8.1%) | |
| Price Decreased | |||
| Sep 9, 2026 | Price Decreased |
$2,175,000
↓ $75K
(3.3%) | |
| Price Decreased | |||
| Aug 18, 2026 | Price Decreased |
$2,250,000
↓ $50K
(2.2%) | |
| Price Decreased | |||
| Jul 2, 2026 | Listed | $2,300,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017