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2482 Falcon 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 |
|---|---|---|---|
| Apr 9, 2022 | No longer available | - | |
| No longer available | |||
| Mar 9, 2022 | In contract | - | |
| In contract | |||
| Mar 4, 2022 | Listed by Merrill & Associates Real Estate | $769,000 | |
| Listed by Merrill & Associates Real Estate | |||
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Welcome to 2482 Falcon Dr. in Paso Robles! Situated in the established Meadowlark Estates, you will find this single level, 4 bedroom, 2.5 bath home on a +/- 10,000sqft lot! As you enter the home, you are met with an open living area that is highlighted by elevated ceilings and laminate wood floors providing a sense of warmth and charm with its rich colors. There are French doors that lead to a generous covered patio overlooking the rear yard. This functional floor plan continues from the living area to the family room that is separated by a 3 sided fireplace. Enjoy the formal dining room that is not only open to the living and family rooms but also provides access to the rear yard through the glass sliding patio door. The kitchen displays a generous amount of cabinet storage with a quaint eat in nook area. Continuing through the home, you will find spacious guest bedrooms with ample windows brightening the rooms with natural light. An added feature of the fourth bedroom includes a private door to a powder room. Additional benefits include an indoor laundry with cabinet storage and ample counter space. Moving on to the master suite you will find elevated ceilings and access to the rear yard. The master bath showcases a vanity space with room for seating, shower with dual shower heads and a comfortable sized walk-in closet. Looking to enjoy some outdoor space for entertaining? The fenced rear yard contains a sizable concrete patio for outdoor living and entertaining as well as detached pergola with decorative brick pavers. This home deserves an in-person viewing! Seller’s agent and Seller’s broker have not verified the accuracy of any information provided herein or provided by the seller(s) or any other source(s). We make no claim(s) or warranty(s) with regards to any information provided, past, present or future property conditions, investments, or uses. The manager has listed the unit size as 2276 square feet.
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| Jun 19, 2018 | Sold | ||
| Sold | |||
| Feb 27, 2018 | Listed by Century 21 Hometown Realty PB | $565,000 | |
| Listed by Century 21 Hometown Realty PB | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017