3802 Lake Falls Drive
About This Property
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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 5, 2022 | Sold | ||
| Sold | |||
| Mar 29, 2022 | Listed by Corzo Group Properties | $620,000 | |
| Listed by Corzo Group Properties | |||
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This beautifully upgraded 1-story Perry home sits on a corner lot on a quiet cul-de-sac street in CCR. Fabulous open floorplan offers formal dining, private study, game room + 4 spacious bedrooms & 3 full baths. Step inside to find a fantastic mix of modern finishes you’re going to love including 12’ ceilings w/upgraded lighting, ceramic tile plank floors, soft neutral paint & fantastic natural light from scattered windows throughout. The chef’s kitchen will inspire you to cook more often w/sleek SS appliances, stone countertops & large pantry. Owner’s suite has a luxurious spa-like ensuite w/dual sinks, garden tub, separate shower & bidet. Other upgrades include gutters on all sides w/6” drain pipes, reinforced front & back door locks, gas stub at the back patio & Ranchio sprinkler system. CCR is a beautiful community w/friendly neighbors & resort-style amenities including parks/playgrounds, pools & splash pads, practice fields, tennis & more. Walk to fantastic KISD schools & parks!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017