23 FALLS TERRACE
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 |
|---|---|---|---|
| Apr 25, 2021 | No longer available | - | |
| No longer available | |||
| Mar 24, 2021 | Listed | $612,000 | |
| Listed | |||
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Beautifully updated custom home within walking distance to The Fair Oaks Ranch Country Club! Bright open floor plan with soaring ceilings and plenty of built-in storage. Wood floors greet you at the entry with dining room and built-in bar area, wine fridge and "SONIC SHAPED" ice machine! The gourmet kitchen is spot-on with fabulous granite counters, new cabinets with plenty of large drawers. Elegant owner's retreat has a sitting room/office and private balcony with dual walk-in closets, large spa bath with garden tub and separate vanities. Upstairs has game room/exercise/office room/OR 4TH bedroom and 2 bedrooms with Jack N Jill Bath. The outdoor space invites you to enjoy the privacy with spectacular views of the greenbelt, wild deer and singing birds. The FALLS is a gated neighborhood right next to the First T of Blackjack Golf course and directly across from the Fair Oaks Ranch Country club. Highly rated BISD school district! The manager has listed the unit size as 3440 square feet.
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| Feb 22, 2016 | Sold | ||
| Sold | |||
| Nov 2, 2015 | Listed by Axis Realty Group | $399,900 | |
| Listed by Axis Realty Group | |||
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FANTASTIC BUY-across the street from FAIR OAKS COUNTRY CLUB! Gated community. Priced to sell at $114 per sq ft. Amazing Open Plan w/high ceilings & arches-Huge Gourmet Kitchen w/large granite island & oversized pantry. Elegant Master Suite w/ sitting area. Master Bath has dual walk in closets His/Her vanities Large soaking tub. Backs to wooded greenbelt & wet weather creek. Very private view to enjoy. Highly acclaimed Boerne Schools! 4th Bdrm c/b game room. PERFECT LOCK & LEAVE w/o sacrificing space!
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| Apr 11, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017