2038 Falcon Dr
About This Property
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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 |
|---|---|---|---|
| Oct 5, 2026 | Price Decreased |
$689,900
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Sep 18, 2026 | Listed | $699,900 | |
| Listed | |||
| May 1, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | Listed by Keller Williams 1st Realty | $675,000 | |
| Listed by Keller Williams 1st Realty | |||
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**Motivated Seller!!** Welcome to this stunning 5 bedroom, 4 bathroom home nestled in Westlake subdivision, built in 2000. This beautifully maintained residence offers an ideal layout with four bedrooms upstairs and an additional bedroom in the finished basement, complete with its own bathroom. The main level features a spacious living room, elegant dining area, and a modern kitchen with updated appliances. Upstairs, you'll find ample space with four bedrooms, including a luxurious master suite with an en-suite bathroom and walk-in closet. The finished basement adds versatility with an entertainment room, bedroom, and bathroom, perfect for guests or just room to spread out. Outside, enjoy the well-maintained yard and the convenience of a two-car attached garage. Located in a highly desirable neighborhood only a 10 minute walk from the stunning McIntosh Lake, this home offers easy access to parks, trails, schools, shopping, and dining. Don't miss your chance to own this gem in Westlake!
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| Jan 23, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017