2227 Falcon Brook 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%.
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 5, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2023 | Listed by RE/MAX Compass | $424,900 | |
| Listed by RE/MAX Compass | |||
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Honey Stop The Car! This 1 story gem in the highly sought-after Katy community w/4 bedrooms and 3 full bathrooms. The private study boasts custom built-ins and elegant French doors. Hosting guests will be a breeze in the open dining room, complete with one of a kind chandelier. The capacious family room, adorned with a stone fireplace connects the breakfast nook, and a magnificent island kitchen which is a chef's dream, showcasing granite countertops, designer tile backsplash, a water filtration system, and water softener. SS appliances & a walk-in pantry add to its allure, along with a brand new garbage disposal w/GE Fridge included. The luxurious owner's retreat beckons you to unwind and rejuvenate with its neutral paint palette, a generously sized walk-in closet, and a ensuite bathroom Each of the three guest bedrooms is equally spacious, featuring walk-in closets and convenient access to two additional full bathrooms. Expansive custom covered patio with full yard sprinkler system.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017