3308 FALKNER Drive
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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 |
|---|---|---|---|
| May 31, 2022 | Sold | ||
| Sold | |||
| Apr 21, 2022 | Listed by eXp Realty, LLC | $650,000 | |
| Listed by eXp Realty, LLC | |||
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BEAUTIFUL, ELEGANT HOME IN ASHBURY POOL COMMUNITY! Be WOWED as you enter a grand two story foyer w beautiful hardwood floors, iron spindles, white trim & neutral colors. Great flow from formal living room to dining room, both w large picture windows, crown molding, neutral colors, hardwood floors & great views! Entertain w spacious gourmet kitchen w loads of custom cabinets, huge island, granite, backsplash, butler/work space, double oven, oversized refrigerator, eat-in kitchen, hardwood floors & great views of the backyard! Flow into a large family room w vaulted ceilings & beams, floor to ceiling fireplace, skylight for natural light, bay window, neutral colors & hardwood floors. Guest bedroom on the first floor continues w hardwood floors, recessed lights, neutral colors, walk-in closet and sits off powder room for potential guest suite. Elegant primary suite w tray ceiling, recessed lights in the bedroom w access to loft/bonus/second office (you decide). Retreat to the beautiful spa bath w heated floors, custom cabinetry, separate tub/shower, skylight, his/her walk-in closets - design is elegant & impressive, a must see! Three large bedrooms w ceiling fans, two w walk-in closets! The second floor full bath has granite, two sinks, & freshly painted w neutral colors. Professionally finished basement - a great functional layout provides an office w double french doors, a rec room, a separate media room, full bath w shower & great storage - great for entertaining! Enjoy the professionally landscaped yard, large maintenance free deck, sprinkler system, radon mitigation system, PLUS a true three car garage! Beautiful curb appeal - will sell quickly! WELCOME HOME!
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| Aug 2, 2007 | Sold | ||
| Sold | |||
| Feb 6, 2007 | Listed by RE/MAX Professionals Select | $505,000 | |
| Listed by RE/MAX Professionals Select | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017