27 Fall Creek Drive #5
About This Property
The manager has listed the unit size as 432 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 29, 2023 | No longer available | - | |
| No longer available | |||
| Aug 25, 2023 | In contract | - | |
| In contract | |||
| Aug 11, 2023 | Listed | $112,000 | |
| Listed | |||
| | |||
|
Cute as a button! Great opportunity for a walk-in ground level end unit. This condo is turn-key ready and fully furnished. It has some very nice updates done within the last 3- 4 years, including new water heater, bathroom vanity, washer/dryer combo, garbage disposal & queen mattress set. This unit is tastefully decorated, spotless and well maintained. Perfect for family vacation home or nightly rental. The manager has listed the unit size as 432 square feet.
| |||
| Jul 12, 2022 | No longer available | - | |
| No longer available | |||
| Jun 19, 2022 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/11/2023
|
Loft
|
1 Bath
|
432 ft²
|
$112,000
Loft
1 Bath
432 ft²
|
-
-
|
Shirley A Whiteis
Murney Associates - Primrose
| |
|
02/10/2023
|
Loft
|
1 Bath
|
600 ft²
|
$170,000
Loft
1 Bath
600 ft²
|
-
-
|
Gary M Winans
Keller Williams Tri-Lakes
| |
|
09/12/2022
|
2 Bed
|
2 Bath
|
859 ft²
|
$174,500
2 Bed
2 Bath
859 ft²
|
-
-
|
Afshin Boushehri
Keller Williams Tri-Lakes
| |
|
06/12/2022
|
1 Bed
|
1 Bath
|
432 ft²
|
$99,900
1 Bed
1 Bath
432 ft²
|
-
-
|
Shirley A Whiteis
Murney Associates - Primrose
| |
|
12/17/2020
| |
2 Bed
|
2 Bath
|
773 ft²
|
$97,900
2 Bed
2 Bath
773 ft²
|
-
-
|
-
|
|
12/15/2020
|
2 Bed
|
2 Bath
|
773 ft²
|
$97,900
2 Bed
2 Bath
773 ft²
|
$97,500
-0.41%
04/02/2021
|
Gerrie Moore
| |
|
11/26/2020
|
Loft
|
1 Bath
|
619 ft²
|
$62,900
Loft
1 Bath
619 ft²
|
-
-
|
-
| |
|
01/13/2020
|
1 Bed
|
1 Bath
|
619 ft²
|
$56,900
1 Bed
1 Bath
619 ft²
|
-
-
|
-
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
773 ft²
|
-
2 Bed
2 Bath
773 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017