2418 FALCON LANE
About This Property
This fantastic home features 3 bedrooms, 2 bathrooms, and a 2-car garage. It greets you with great curb appeal and a brand-new roof. As you enter through the new front door, you'll notice the high ceilings in the great room, which includes a cozy wood-burning fireplace that seamlessly connects to the dining area with a built-in wet bar. The home has a split floor plan, with the master bedroom and bathroom on one side and two additional bedrooms and a guest bathroom on the other.
Enjoy the 12x28 air-conditioned Florida room as a bonus space, perfect for entertaining, watching TV, or setting up a home office. The spacious kitchen offers plenty of cabinets and counter space for the cook in the house. The home also features fresh interior paint, updated smart switches throughout, new door hardware, new outdoor security lighting, and a new utility sink in the garage. Additional updates include blown-in insulation, a whole home water treatment system installed in 2022, and a water heater from 2022.
The spacious 2-car garage protects your prized possessions and provides access to the attic space for additional storage. If that isn't enough, there is a custom-built shed on the side of the house for even more storage. The backyard features vinyl fencing with gates on both sides (installed in 2024 and 2025), and an irrigation system with a shallow well and jet pump.
Golf enthusiasts will appreciate the proximity to Innisbrook Resort and Golf Club, home of the PGA Tour's Valspar Championship. With easy access to US-19 and Belcher roads, commuting is a breeze. Parks, shopping, dining, and entertainment are always within reach. Plus, being close to Lake Tarpon and the Gulf beaches means endless days of fun on the water - all without the worry of being in a flood zone.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017