47 FALLS TERRACE
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 24, 2024 | Sold | ||
| Sold | |||
| Apr 19, 2024 | Listed by Compass RE Texas, LLC - SA | $589,900 | |
| Listed by Compass RE Texas, LLC - SA | |||
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Welcome to 47 Falls Terrace in the serene and secluded neighborhood of the Falls at Fair Oaks Ranch. This charming home offers 3 bedrooms and 3 bathrooms, providing a perfect blend of comfort and tranquility. The kitchen boasts modern appliances and ample counter space, making meal preparation a delight. The spacious living areas are perfect for entertaining guests or enjoying quiet evenings with loved ones. The home also features abundant storage throughout, including wall-mounted storage located in the garage, ensuring a clutter-free living space. Step outside to the serene patio space, complete with a soothing fountain, offering a peaceful retreat to unwind and enjoy the picturesque surroundings. The small, secluded neighborhood provides a quiet and peaceful atmosphere, ideal for relaxation. For outdoor enthusiasts, the home is conveniently located within walking distance to the Fair Oaks Country Club and golf course, as well as offering easy access to walking and biking trails and nearby community parks. Don't miss the opportunity to make this tranquil retreat your own. Schedule a showing today and experience the peaceful charm of 47 Falls Terrace.
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| Sep 19, 2005 | Sold | ||
| Sold | |||
| Nov 30, 2004 | Listed by Realty Executives Of S.A. | $339,000 | |
| Listed by Realty Executives Of S.A. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017