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18 FALLON DRIVE
About This Property
Inside, you'll find soaring ceilings with powered skylights that fill the home with natural light, along with thoughtful upgrades throughout. The oversized primary suite offers a private retreat with a beautifully designed bath and a custom walk-in closet. Each bedroom features custom closet systems for added organization and style.
Step outside to a multi-level rear deck overlooking a large, private backyard-perfect for entertaining, relaxing, or enjoying the outdoors.
Additional highlights include an attached 2-car garage with extensive storage and the potential to finish the second level, offering flexibility for future living space.
A rare opportunity to own a thoughtfully designed custom home with land, location, and lifestyle.
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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.
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About Lake Shore
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017