394 Falley Dr
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 |
|---|---|---|---|
| Aug 16, 2022 | Sold | ||
| Sold | |||
| Jul 7, 2022 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $394,000 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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Classic colonial style home located in sought after Munger Hill district. Spacious 5 bedroom, 2.5 bath home with many hardwood floors. If entertaining is your thing look no further. Invite the family and friends over for the holidays, sit by the in-ground pool .fire up the barbecue and just be together -- have fun. Lovely private backyard to enjoy your gardens, drink your morning coffee while you listen to nature. Just a little updating and this home will shine. For those chillier nights there is a wood burning fireplace to keep you warm while you enjoy a good book or TV show. This home is close to the bike path, shopping, schools,and major highways. A true gem is just a viewing away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017