2423 Garden Falls Drive
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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 |
|---|---|---|---|
| Aug 24, 2021 | Sold | ||
| Sold | |||
| Jul 17, 2021 | Listed by BHGRE Gary Greene | $295,000 | |
| Listed by BHGRE Gary Greene | |||
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Multiple offers received, please submit highest and best by 5pm Thursday, July 22. Exceptionally maintained home in desirable Jacobs Reserve! An amazing open floor plan with tons of natural light featuring an island kitchen with stainless appliances, a well appointed butlers pantry, an abundance of counter space, and a walk in pantry. The primary suite is your own private oasis with a huge walk in shower, soaker tub, double sinks and a generous size closet conveniently connected to the laundry room. Formal dining room easily transitions to a home office. Fantastic amenities, resort style pool, splash pad, catch and release fishing pond, dog park & mini put put golf. Zoned to The Woodlands schools! Excellent location for commute with easy access to I-45.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017