20624 Falcon
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%.
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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 |
|---|---|---|---|
| Sep 14, 2020 | Sold | ||
| Sold | |||
| Feb 8, 2020 | Listed by Keller Williams Realty C. P. | $364,999 | |
| Listed by Keller Williams Realty C. P. | |||
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Another MonDel home! Well thought out floorplan: Master bedroom is offset from the other bedrooms and the office can easily convert to a 4th bedroom. Covered patio and bay windows- lots of upgrades! Tile flooring that is the modern wood look is throughout giving the home warmth along with durability. Oriented so that the afternoon sun is on the front of the home- making the back yard covered in shade- maximizing outdoor hill country living! Located on the North Shore of Lake Travis, Lago Vista offers an extraordinary wealth of activities. Community amenities include pool, tennis courts, basketball courts, fitness center, boat ramps, clubhouse, activity center, pavilions, campgrounds, fishing wells, hike & bike trails, as well as Marinas and Boat Ramps on Lake Travis.
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About Highland Lake Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017