268 Falling Star LN
About This Property
Step inside to discover a bright and versatile layout boasting 5 bedrooms plus an optional bonus room, ideal for accommodating a growing family or facilitating remote work arrangements. The foyer welcomes you with warmth, leading to a thoughtfully designed dining area and onward to the inviting family room, seamlessly connected to the well-appointed kitchen featuring a quartz island and pantry. Adjacent, the breakfast area offers a cozy spot for casual meals. Conveniently positioned off the 3-car garage, a well-equipped laundry room with built-in amenities awaits, ensuring practicality and organization.
The primary suite, situated on the main level, exudes comfort and luxury, showcasing a double vanity, a spacious walk-in shower enclosed in glass, and ample storage within the walk-in closet. Upstairs, four additional bedrooms and a generously sized opportune bonus room await, offering flexibility and functionality for various lifestyle needs. Each wing of the second floor comprises two bedrooms sharing a well-appointed bathroom, providing convenience and privacy for occupants.
This home boasts numerous upgrades, including quartz countertops, a farmhouse sink, an expanded walk-in shower, rolling shades in living room and primary bedroom, electric fireplace, and the beautiful backyard with a covered patio.
Please note that certain fixtures and items will be retained by the seller, including specific furnishings and decorative elements.
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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 23, 2024 | In contract | - | |
| In contract | |||
| Apr 12, 2024 | Listed by Keller Williams Realty Lone St | $515,000 | |
| Listed by Keller Williams Realty Lone St | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017