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400 Sparrow Hawk
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 |
|---|---|---|---|
| Jun 19, 2026 | Listed by Redfin Corporation | $485,000 | |
| Listed by Redfin Corporation | |||
| Jun 12, 2026 | No longer available | - | |
| No longer available | |||
| Jun 5, 2026 | Price Decreased |
$499,000
↓ $10K
(2%) | |
| Price Decreased | |||
| May 14, 2026 | Listed by eXp Realty LLC | $509,000 | |
| Listed by eXp Realty LLC | |||
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Nestled in the highly desirable Falcon Creek neighborhood, this classic 1998 Darling Home blends timeless architectural character with exceptional craftsmanship. Built during the coveted family owned era of Darling Homes, the property boasts structural superiorities, including deep coffered ceilings, signature sightlines, and expansive room volumes. The heart of the home features an immaculate, chef-sized kitchen anchoring the space with its original, high-quality custom wood cabinetry, seamlessly enhanced by modern hardware updates. Fully equipped with a sleek suite of modern stainless steel appliances including a built-in wall oven and microwave. A rare opportunity to own authentic DFW luxury build-quality on a premier neighborhood lot, backed by major mechanical updates including a fully replaced HVAC system (2021) and a worry-free roof (replaced ~2021).
Stonebridge Ranch Association Perks:As a resident of 400 Sparrow Hawk, you gain full access to the premier master planned lifestyle of the Stonebridge Ranch Community Association. This property includes full privileges at the exclusive Beach & Tennis Club community facility, featuring a swim lagoon with a sandy beach entry, sand volleyball, and premier tennis and pickleball courts. Enjoy seamless convenience with the main HOA office right in your neighborhood, plus miles of scenic hike-and-bike trails, community lakes, and playgrounds. Buyer and buyer agent to verify all information.
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| Aug 6, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017