3806 Kellys Falls Lane
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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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Jan 16, 2024 | Listed by Fathom Realty | $499,500 | |
| Listed by Fathom Realty | |||
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This home is a MUST SEE! Fully equipped with a whole house generator, full outdoor kitchen, central vacuum system, game room and bedroom upstairs and SO MUCH MORE. Come see this one of a kind home and enjoy the carefree lifestyle in the "Forever Young" 55+ Adult Active Living Gated Community in Wellspring at Tamarron!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017