Lot 3 Faulkner Drive
About This Property
Located in the Shen school district, this community is just minutes from shopping,major highways ~NO HOA !
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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 |
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| Mar 6, 2026 | Listed by REMAX Solutions | $950,000 | |
| Listed by REMAX Solutions | |||
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This home can be built on any of the 11 remaining lots ~ See video
Step into the latest upscale living at Brookwood Estates Phase 2, Halfmoon's premier luxury home community. Crafted by the renowned CGM CONSTRUCTION ~ this development has 17 lots ranging from 1 to 4 acres, positioned on 2 cul-de-sacs within a neighborhood of high end residences. Each home is uniquely designed, with no duplicates among the ''custom'' plans.
SELECT YOUR PREFERRED LOT, noting that larger lots carry a premium. Whether you bring your own vision or collaborate with the builder and architect, your dream home awaits. Located in the Shenendehowa school district, this community is just minutes from shopping,,parks, and major highways. Welcome home to Brookwood Estates, where luxury meets individuality in the heart of Halfmoon.
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| Nov 17, 2025 | Listed by REMAX Solutions | $870,000 | |
| Listed by REMAX Solutions | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017