23
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24 FALMOUTH DRIVE
About This Property
This beautifully updated home features 2 bedrooms, 2 full bathrooms, and a spacious, functional layout. The gorgeous primary suite offers a generous walk-in closet and a fully renovated private bathroom with modern finishes.
The completely renovated kitchen is sure to impress, featuring crisp white cabinetry, granite countertops, stainless steel appliances, and plenty of space for everyday living and entertaining. The home also offers a spacious living room, dining room, and a versatile bonus room that can easily serve as a family room, home office, den, or additional entertaining space.
Additional highlights include a 1-car garage and a concrete patio out back-perfect for relaxing and enjoying the outdoors.
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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 24, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2026 | Listed by Real Broker, LLC | $449,777 | |
| Listed by Real Broker, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017