3404 Fallbrook 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 |
|---|---|---|---|
| Dec 27, 2022 | Sold | ||
| Sold | |||
| Aug 19, 2022 | Listed by EXP REALTY | $430,000 | |
| Listed by EXP REALTY | |||
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Updated and ready to move in beautiful single story floor plan which is hard to find in the area. A large primary bedroom with ensuite bath is situated for privacy and includes two sinks, shower and tub. The three secondary bedrooms are on the opposite side of the house. The efficiently designed kitchen and breakfast nook has ample cabinets and counter space and is open to the entertainment sized living room with brick fireplace. Recent updates include new roof, fence stained, dishwasher replaced in 2021. Great opportunity to own a home with highly rated schools and less than 20 miles from downtown Dallas.
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| Jun 28, 2022 | Sold | ||
| Sold | |||
| May 16, 2022 | Listed by Coldwell Banker Apex, REALTORS | $370,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017