18 Fall Creek Trail #5
About This Property
The manager has listed the unit size as 859 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 |
|---|---|---|---|
| May 31, 2022 | No longer available | - | |
| No longer available | |||
| Apr 26, 2022 | In contract | - | |
| In contract | |||
| Apr 22, 2022 | Price Decreased |
$203,900
↓ $6K
(2.9%) | |
| Price Decreased | |||
| Mar 26, 2022 | Listed | $209,900 | |
| Listed | |||
| | |||
|
Updated and furnished 2 bed/2 bath with one of the best panoramic golf views of Pointe Royale golf course. Updates include paint, flooring, counters, sinks/faucets, light fixtures and more. New inside and outside HVAC (manufactured in 2019) installed couple years ago. Condo is currently in nightly rental program and is turn key ready so can be continued as a nightly rental or a place to call home. Relax and enjoy the view of Pointe Royale golf course from your deck. Also located in Fall Creek is the marina, which is just a short distance away where you can fish from the docks or rent a boat. Located minutes from most of Branson's shows, shopping and dining. The manager has listed the unit size as 859 square feet.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/07/2023
|
2 Bed
|
2 Bath
|
958 ft²
|
$189,900
2 Bed
2 Bath
958 ft²
|
-
-
|
Carrie Ann Higgs
Branson House Realty
| |
|
03/26/2022
|
2 Bed
|
2 Bath
|
859 ft²
|
$209,900
2 Bed
2 Bath
859 ft²
|
-
-
|
Afshin Boushehri
Keller Williams Tri-Lakes
| |
|
03/21/2021
|
2 Bed
|
2 Bath
|
859 ft²
|
$82,900
2 Bed
2 Bath
859 ft²
|
-
-
|
-
| |
|
08/04/2020
|
Loft
|
2 Bath
|
859 ft²
|
$84,500
Loft
2 Bath
859 ft²
|
-
-
|
-
| |
|
01/12/2020
|
2 Bed
|
2 Bath
|
941 ft²
|
$85,000
2 Bed
2 Bath
941 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017