6
Map
2097 Fallon Boulevard NE
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 |
|---|---|---|---|
| Jan 3, 2019 | Sold | ||
| Sold | |||
| Dec 5, 2017 | Sold | ||
| Sold | |||
| Jul 12, 2017 | Listed by RE/MAX Solutions | $123,850 | |
| Listed by RE/MAX Solutions | |||
| Jan 30, 2014 | Sold | ||
| Sold | |||
| Dec 26, 2013 | Listed by RealHome Services & Solutions | $43,000 | |
| Listed by RealHome Services & Solutions | |||
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BANK OWNED SOLD AS IS W/O REPAIR OR WARRANTY. LA HAS NO KNOWLEDGE OF PROPERTY HISTORY, NO DISCLOSURES OR ASSOCIATION DOCS SUPPLIED. BUYER/BA IS RESPONSIBLE FOR VERIFYING HOA INFO & FEES, IF ANY, COMMUNITY RULES, SQ FT, LOT SIZE, ROOM DIMENSIONS AND TAXES. THIS PROPERTY IS UNDER AUCTION TERMS. AT CLOSING, IT IS SUBJECT TO A WEB TECH FEE AND MAY ALSO BE SUBJECT TO A BUYER’S PREMIUM PURSUANT TO THE TERMS & CONDITIONS. SELLER WILL NOT ALLOW WATER TO BE ACTIVATED/TURNED ON FOR ANY REASON.
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Property Highlights
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017