3146 Falcon Street
About This Property
This home features an open concept between the kitchen and family room. The kitchen is well appointed with nice cabinets, granite counter tops, recently installed canned lighting and beautiful titled floor, there is plenty of room for in kitchen dining. The over-sized family room is planked with wood like floors and has a statement making fireplace. From the family room exit into the entertaining sized backyard through the full wall of windows and sliding doors. Master bedroom bright and sunny offering two closets. Master bathroom offers vanity station, dressing area and separate shower room. The two additional bedroom are generous in size. Hall bathroom features decorator tilted shower, in bathroom linen storage and upgraded mirror.
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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 |
|---|---|---|---|
| Jan 19, 2018 | Sold | ||
| Sold | |||
| Nov 20, 2017 | Listed by REALTY ONE GROUP, INC. | $472,500 | |
| Listed by REALTY ONE GROUP, INC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017