2187 Falls Manor
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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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | Listed by The GHO Homes Agency LLC | $711,161 | |
| Listed by The GHO Homes Agency LLC | |||
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Buy one of GHO built, new homes in the Falls at Grand Harbor, A sports membership is optional. Sports membership includes tennis, social events, pickleball, golf & the ever-popular Beach Club on the ocean. Initiation fee is paid by GHO This is our Beacon floor plan w/ the popular Island Elevation. Volume ceiling heights to 11'8. White kitchen cabinets have soft close hinges on the doors & drawers. Full extention & dovetail drawers. Crown molding on cabinets, glass door & under cabinet lighting. Upgrades appliance package to KitchenAid SS which includes a 36'' cook top, walloven & microwave
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| Apr 2, 2023 | No longer available | - | |
| No longer available | |||
| Dec 3, 2022 | Price Increased |
$717,193
↑ $3K
(0.4%) | |
| Price Increased | |||
| Nov 2, 2022 | Price Increased |
$714,364
↑ $4K
(0.6%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017