2631 Falcon Knoll Lane
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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 |
|---|---|---|---|
| Oct 7, 2021 | Sold | ||
| Sold | |||
| Aug 6, 2021 | Listed by AlphaMax Realty Inc. | $375,000 | |
| Listed by AlphaMax Realty Inc. | |||
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An Impeccably maintained and updated 4 bed 3 1/2 bath 2 story home in Falcon Ranch. No backyard neighbor. Short access to Grand Parkway & I-10. Open concept, Formal dining & den/study at the entry, soaring 2 story ceiling family room, wood flooring in entry, family and breakfast room, and tiles in all wet areas. Island kitchen w 42-inch cabinets, granite countertop, tile backsplash & Zephyr 850 CFM range hood. Oversized master bedroom opens into the large master bath with whirlpool tub, separate shower, double sink and huge walk-in closet. Huge game area upstairs. Double pane windows. Tons of updates: New roof(2020), Two new AC condensers/coil(2018), new carpet whole house, new granite kitchen countertop, fresh whole house paint(2021). Oversized detached garage and full sprinkler system. Low HOA. Great Katy ISD schools, walking distance to the elementary & high schools, close to shopping & restaurants. This is a must-see. Room size is an estimate. Please verify independently.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017