2500 Falls Road
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 |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Oct 3, 2025 | Listed by CLASSIC PROPERTIES | $650,000 | |
| Listed by CLASSIC PROPERTIES | |||
| Jul 12, 2021 | Sold | ||
| Sold | |||
| Apr 7, 2021 | Listed by CLASSIC PROPERTIES | $595,000 | |
| Listed by CLASSIC PROPERTIES | |||
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A historical farm house with a modern day flare !Total renovations done to perfection with no expense spared. New roof in 2017, new sand mound installed 2019,water heater 2017, 2 new furnace & air conditioners 2017,Upgraded Electrical system 200 amperage, heated floors partially in kitchen & totally in office/hobby room, LED lighting throughout, back up generator, installed gorgeous hickory floors on 1st floor, refinished original pine floors on second floors & stairs, two detached garages can fit up to 9 cars, farm equipment or all terrain vehicles, barn with horse & cattle stalls with built in trough & plenty of room for storage . new well pump, total modernization done to bathrooms & kitchen. Over 100 years of history made with lots of love & hard work. If walls could only talk ! The stories that could be told. Now it's time for another family to start making their own memories.Owners are willing to make a first floor master bedroom with an existing master bathroom with an agreed offer. 59.76 acres with an abundance of wildlife, scenery, farming & hunting... 2500 Falls Rd is only 12 minutes to upscale dining & shopping, 20 minutes to the Avoca Airport, close to Lake Winola & public creeks for fishing, All Gas rights transfer to new owner. At this time there are no leases. Property is in the clean & green program-Make a point of looking at the virtual tour & floor plan., Baths: 1 Bath Lev 1,Modern,1 Half Lev 1,1 Bath Lev 2, Beds: 2+ Bed 2nd,Mstr 2nd, SqFt Fin - Main: 1750.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, Dining Area: Y, Ultra Modern: Y, SqFt Fin - 2nd: 675.00
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017