229 Fallingleaf 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 |
|---|---|---|---|
| Sep 17, 2025 | Sold | ||
| Sold | |||
| Aug 13, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Listed by RE/MAX CHOICE | $299,900 | |
| Listed by RE/MAX CHOICE | |||
| Jul 11, 2025 | Price Decreased |
$307,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Jun 12, 2025 | Listed | $312,900 | |
| Listed | |||
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Welcome to your new home offering 4 bedrooms, 3 full baths, and a spacious layout with room for everyone. The bonus room includes its own bathroom and an additional bedroom, making it perfect for guests, in-laws, or a private home office setup. Inside, you’ll find bright, open living spaces that make everyday life and entertaining easy. Enjoy the outdoors in the large, fully fenced backyard with plenty of space to relax, play, or garden. Conveniently located near shopping, dining, and schools, this home also offers quick access to Moore County and is just minutes from Fort Bragg’s Chicken Gate.This one checks all the boxes—schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017