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4512 Falkirk Bay
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 20, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | Listed by Douglas Elliman of California, Inc. | $1,590,000 | |
| Listed by Douglas Elliman of California, Inc. | |||
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Welcome to 4512 Falkirk Bay, a prime example of waterfront living nestled in the picturesque Channel Islands Harbor. Built in 1976 and cherished by its original owners, this home has been impeccably maintained and is ready to begin the next chapter of its storied existence. From the moment you step through the beautifully manicured entryway, you are greeted by an ambiance of tranquility. The soaring ceilings in the living room create an expansive and airy atmosphere, perfect for both relaxation and entertaining. This home features a downstairs master bedroom, offering convenience and privacy, with a layout designed for comfort and functionality. The property is in its original condition, reflecting the timeless charm of its era, and has been impeccably cared for, providing a solid foundation for modernization or preservation of its classic appeal. Outdoor enthusiasts and boat lovers will appreciate the wonderfully maintained boat deck, providing direct access to the harbor for your nautical adventures. Whether you're entertaining guests or enjoying a quiet evening by the water, this property offers the ideal setting. 4512 Falkirk Bay is more than just a home; it's a lifestyle. Embrace the opportunity to live in one of the most sought-after locations in Channel Islands Harbor, where every day feels like a vacation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017