3315 Fair Falls 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 |
|---|---|---|---|
| Feb 8, 2024 | Sold | ||
| Sold | |||
| Jan 18, 2024 | In contract | - | |
| In contract | |||
| Jan 8, 2024 | Listed by RE/MAX Associates Northeast | $320,000 | |
| Listed by RE/MAX Associates Northeast | |||
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Welcome to your new Darling Home in Mills Creek Village (Woodstream)! This is a great split floorplan offering 3 bedrooms, 2 bathrooms, a home office (or can be considered as a 4th bedroom), and a formal dining area. The kitchen showcases stainless steel appliances with a brand-new gas cooktop, a new dishwasher, and a new disposal. With ample counter space and storage, this kitchen is as functional as it is beautiful. The primary bedroom offers an ensuite bathroom with dual vanities, a garden tub, a separate shower, and a huge walk-in closet. Double-paned windows allow an abundance of natural light and highlight the high ceilings, creating an open and airy ambiance. Newly installed garage door, fresh neutral paint, and new carpet installed. Lots of attic storage. The front and back yard has impressive shade trees. With easy access to local amenities, schools, and parks, you'll enjoy a lifestyle of ease and relaxation. No flooding.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017