3345 Falcon Road
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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 |
|---|---|---|---|
| Jul 21, 2023 | Sold | ||
| Sold | |||
| Apr 21, 2023 | Listed by Compass RE Texas, LLC | $2,985,000 | |
| Listed by Compass RE Texas, LLC | |||
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Resort style living! Texas luxury showhome located in top ranked Prosper ISD! Architecturally striking & beautifully appointed, this sprawling custom plan offers quality finishes, unique style and comfortable spaces. Interior features rich woodwork, one of a kind lighting fixtures, and exquisite wood floors. This home is a true entertainer's delight featuring a remarkable outdoor living area - fully designed 600 sqft entertainment area enclosed by two 16ft roll-up garage doors, pool with grotto, and spa surrounded by grass turf. Commercial grade kitchen features top of the line appliances, custom cabinetry and granite counters. Plenty of space to work on your hobbies and projects in the 1800 sq ft spray foam heat and cooled workshop, while endless storage ensures that all your belongings have a place. For your peace of mind, a storm shelter with hidden safe room is also included. Private parking pad with RV hookups next to the shop. Stocked Pond ready for the fisherman in the family!
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| Apr 20, 2023 | No longer available | - | |
| No longer available | |||
| Apr 1, 2023 | Listed by Monument Realty | $3,275,000 | |
| Listed by Monument Realty | |||
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Fall in love with this stunning showplace home nestled on nearly 4 acres in desirable Oxford Farms of Prosper. Here you’ll find an enviable custom designed 600 sq ft entertainer’s space enclosed by two 16ft roll up garage doors, providing an open air feel and easy access to pool with grotto and spa, surrounded by lush greenspace. Landscape features a tranquil pond with multiple trees added to enhance the natural beauty. Inside, the open floorplan allows for seamless flow between the al fresco entertainment area and the rest of the home, which includes upgraded design details, great room with vaulted ceiling and fireplace. Commercial grade kitchen features top of the line appliances, custom cabinetry and granite counters. There's plenty of space to work on your hobbies and projects in the 1800 sq ft spray foam heat and cooled workshop, while endless storage ensures that all your belongings have a place. For your peace of mind, a storm shelter with hidden safe room is also included. The manager has listed the unit size as 5512 square feet.
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| Dec 29, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017