3232 Rippling Falls Lane
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%.
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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 |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
| Apr 17, 2024 | Listed by Nan & Company Properties | $299,000 | |
| Listed by Nan & Company Properties | |||
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Beautiful 3 bedroom, 2 bath well kept one-story home in The Meadows of Bay Colony. Step inside
to discover a clean and well-maintained space that has been thoughtfully updated throughout. The
open floor plan creates a seamless flow between the living room, kitchen, and dining area, ideal
for both everyday living and entertaining guests. Natural light floods the interior, enhancing
the inviting atmosphere. The bedrooms offer comfortable retreats, while the bathrooms boast
modern fixtures and finishes. Outside, a lovely yard provides a peaceful outdoor oasis. This
home is move-in ready and waiting for you to make it your own. Great location close to
restaurants, shopping and entertainment, and easy access to I45 for the everyday commuter.
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| Jun 14, 2021 | Sold | ||
| Sold | |||
| May 13, 2021 | Listed by Keller Williams Realty | $245,000 | |
| Listed by Keller Williams Realty | |||
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Welcome Home To 3232 Rippling Falls Ln! Beautiful one-story home in The Meadows of Bay Colony. This 3 bedroom, 2 bath home features a spacious open floor-plan and a living room with fireplace and high ceilings. The gorgeous kitchen with recessed lighting offers a breakfast bar that is open to the dining area and perfect for entertaining! There is a flex room off the entry that is currently being used as an office and could be a 4th bedroom or playroom. The master bedroom is separated from the secondary bedrooms and has an inviting bath with double sinks, a garden tub, a separate shower, and a walk-in closet. The two additional bedrooms are spacious with high ceilings and large closet spaces. Great location close to restaurants, shopping and entertainment, and easy access to I45 for the everyday commuter.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017