3723 Lake Falls Drive
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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 |
|---|---|---|---|
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Aug 18, 2023 | Listed by 5th Stream Realty | $653,030 | |
| Listed by 5th Stream Realty | |||
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Stunning home nestled in the heart of Cross Creek Ranch. This practically new home boasts 3437 SF, 4 bedrooms, 3 and 1/2 baths, 3 car garage, game room and media room, spacious covered patio and a positively stunning entry/foyer. There is a study with French doors at the front of the home, a wall of windows in the main living area, gourmet kitchen with island and stainless appliances and a walk in pantry! The primary bedroom features a curved wall of windows and the master bath has a soaking tub, dual vanities, two spacious walk in closets and a linen closet. Guest suite with full bath and walk in closet on second floor. Media room and game room with storage closet, secondary bedrooms and additional closet complete the top floor! No carpet Home. New laminated first floor. This gorgeous home is zoned to outstanding Katy ISD schools and is within walking distance to Campbell Elementary, neighborhood park and pool! You will love the many lakes and walking/biking paths in Cross Creek!
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| Dec 3, 2021 | Sold | ||
| Sold | |||
| Sep 23, 2021 | Listed by BHGRE Gary Greene | $490,000 | |
| Listed by BHGRE Gary Greene | |||
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OPEN HOUSE SUNDAY 2-4 is CANCELLED. Stunning home nestled in the heart of Cross Creek Ranch. This practically new home boasts 3392 SF, 4 bedrooms, 3 and 1/2 baths, 3 car garage, game room and media room, spacious covered patio and a positively stunning entry/foyer. There is a study with French doors at the front of the home, a wall of windows in the main living area, gourmet kitchen with island and stainless appliances and a walk in pantry! The primary bedroom features a curved wall of windows and the master bath has a soaking tub, dual vanities, two spacious walk in closets and a linen closet. Guest suite with full bath and walk in closet on second floor. Media room and game room with storage closet, secondary bedrooms and additional closet complete the top floor! This gorgeous home is zoned to outstanding Katy ISD schools and is within walking distance to neighborhood park and pool! You will love the many lakes and walking/biking paths in Cross Creek! Come visit today!
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| May 17, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017