271 Falling Water 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%.
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 |
|---|---|---|---|
| Jul 30, 2026 | Listed by EVERYTHING PINES PARTNERS LLC | $634,000 | |
| Listed by EVERYTHING PINES PARTNERS LLC | |||
| May 23, 2024 | Sold | ||
| Sold | |||
| Mar 27, 2024 | Listed by AC REALTY | $634,900 | |
| Listed by AC REALTY | |||
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Immaculately maintained & updated 4BR, 3BA home located in the desirable gated community of Anderson Creek Club. The home boasts a 2 story entry w/double trey ceiling, formal dining room, & office. The open concept flows from the family room to a bright kitchen, which has an eat-in area w/ample natural light. The main floor is designed w/a split layout, featuring a full bath & bedroom on one side, & a spacious primary bedroom on the other. Primary bedroom includes an en suite bath w/2 large vanities, jetted tub, & large standing shower. There's a large master closet with built-ins for added convenience. On the 2nd floor, you'll find 2 bedrooms, a full bathroom, loft area, & bonus room complete w/wet bar. There is an oversized 2-car courtyard entry garage w/space for a golf cart. Outside, the backyard overlooks a pond & offers a very large extended deck & grilling area, perfect for outdoor entertaining and relaxation.
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| Nov 28, 2023 | No longer available | - | |
| No longer available | |||
| Oct 20, 2023 | Price Decreased |
$614,999
↓ $15K
(2.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017