205 Windfall Creek Drive
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 |
|---|---|---|---|
| Aug 26, 2024 | Sold | ||
| Sold | |||
| Feb 20, 2024 | Listed by Urban Durham Realty | $1,850,000 | |
| Listed by Urban Durham Realty | |||
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Welcome to this exquisite Windfall Creek Estate, a stunning home nestled on 4.45 acres, boasting a blend of classic features and timeless design ideal for multi-generational living! Constructed with unparalleled craftsmanship, this residence offers a rare combination of elegance and functionality not commonly found in newer properties. Discover the enchantment of three hidden reading and play nooks concealed behind ''magical'' library bookshelves, creating an inspiring space to read and imagine. Unleash your imagination on the whimsical built-in 3rd floor stage, perfect for the most imaginative play sessions. For music aficionados, a first-rate piano room awaits, complemented by a sophisticated audio system that allows classical melodies to resonate throughout the home.The primary retreat is a sanctuary of comfort, featuring two walk-in closets, Diamon-Fusion coated ultra-clear shower glass, and two Rinnai eternal hot water heaters, ensuring relaxation and convenience. Meanwhile, the guest retreat with its private entrance offers unrivaled privacy for visitors.Entertainment knows no bounds with a dedicated theater, home gym, art studio, and a well-appointed home office, catering to every lifestyle need. Outdoor enthusiasts will be captivated by the magnificent stone walls, charming screened porch, and expansive deck - perfect for grilling and enjoying the serene wooded views. Lush gardens and a sprawling grass play yard provide the ideal setting for gatherings and outdoor activities. Step inside this Windfall treasure and experience a refuge of tranquility that you'll never want to leave.
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| Sep 12, 2023 | No longer available | - | |
| No longer available | |||
| Aug 4, 2023 | Price Decreased |
$2,278,000
↓ $50K
(2.2%) | |
| Price Decreased | |||
| May 24, 2023 | Relisted | $2,328,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017