2036 Big Falls Drive
About This Property
This home features a cozy screened porch with a swing (it stays!) that will make it hard to come back inside. Entertaining is easy with the private fenced yard and walkway that flows nicely from your screened porch... you simply will not find another home in Wendell Falls that compares to this one!!
A split floorplan that is open, giving you the perfect space for dinner parties and guests. Utilize all three bedrooms or convert one to the ultimate office/study or workout setup. Endless possibilities in a sub 2000 sq ft space. Close to all of the great things that Wendell Falls has to offer at the Farmhouse or in Treelight Square... come and check it out today - one of our favorite homes in the neighborhood!!
#resortlife
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017