22051 Falvel 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%.
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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 |
|---|---|---|---|
| Feb 22, 2025 | No longer available | - | |
| No longer available | |||
| Dec 5, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Aug 21, 2024 | Listed by Realty Associates | $249,990 | |
| Listed by Realty Associates | |||
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This beautiful home is located on mature treelined street. The Forest North subdivision is in close proximity to I45 with easy access to all of the main throughfares in the fast-growing Spring Area. This home boasts a large corner lot with no back neighbors(Yay!!), granite countertops, laminate wood, beautiful tile floors and much more.
*Home is tenant occupied. Please do not disturb the tenants. Lease expires 12/31/24
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| Jan 13, 2021 | Sold | ||
| Sold | |||
| Dec 2, 2020 | Listed by VAM Real Estate Solutions | $215,000 | |
| Listed by VAM Real Estate Solutions | |||
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Located in prime location this immaculate house with manicured landscaping features 3 bedroom, 2 full bathrooms, high ceilings, archways, double sided gas log fireplace, formal dining room, kitchen opens up to the living room. Spacious primary bedroom. Kitchen has been freshly painted (2020), granite countertops (2014) with a beautiful skylight above. You will love the adundance of light this house has to offer. House has tons of upgrades which includes: recent water heater (2019), hardwood floors (2019), primary bath upgrades- 2016, back and front sprinkler system- 2015, fence- 2015, Ring and floodlight camera will stay with the house, front and back door replaced- 2020, recent garage door and opener- 2015. You will enjoy privacy being located on the corner lot with greenbelt at the back. Plenty of space to entertain family and friends. Minutes from I-45 and Grand Parkway. House has never flooded! Schedule your private showing today! This house is gem and won't last long!
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About Forest North
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Last Updated: 6 months ago
Data Source: HAR , MLS# 77146479
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017