2158 FALLS CIRCLE
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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.
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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 |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| May 25, 2026 | In contract | - | |
| In contract | |||
| Apr 26, 2026 | Price Decreased |
$599,000
↓ $16K
(2.6%) | |
| Price Decreased | |||
| Apr 3, 2026 | Price Increased |
$615,000
↑ $16K
(2.7%) | |
| Price Increased | |||
| Apr 2, 2026 | Listed by Kara Money, LLC | $599,000 | |
| Listed by Kara Money, LLC | |||
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Rare waterfront courtyard home with detached guest cabana in The Falls at Grand Harbor. This unique residence offers a highly desirable layout with a 2BR/2BA main home plus a separate 1BR/1BA cabana suite, ideal for guests, a home office, studio, or private retreat. Spacious living and dining areas open to a screened lanai overlooking tranquil water, while the private paver courtyard creates an inviting indoor-outdoor setting for relaxing or entertaining. Recent improvements include new A/C (2025), fresh interior and exterior paint, cleaned carpets, and a pressure-washed roof. With 2,489 square feet under air, a 2-car garage, and exceptional potential, this is a rare opportunity to enjoy Grand Harbor and tailor the interiors over time to your own style. Minutes from beaches, shopping, dining, and everyday conveniences. Select photos have been virtually staged or enhanced to illustrate the property's potential.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017