4907 Farrell Lane
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 |
|---|---|---|---|
| Sep 22, 2025 | Sold | ||
| Sold | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by Keller Williams Signature | $350,000 | |
| Listed by Keller Williams Signature | |||
| Aug 4, 2025 | Listed | $350,000 | |
| Listed | |||
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Gorgeous two-story home offering 5 bedrooms and 3.5 baths in the sought-after Landing at Clear Creek community. The main living areas flow with purpose, featuring an open-concept family room and a well-appointed kitchen with granite counters, stainless steel appliances, and a breakfast bar that’s ideal for both casual meals and entertaining. The primary suite provides a private retreat with an en-suite bath and ample closet space, while additional bedrooms and flexible living areas upstairs give room for family, guests, or a home office. There are solar panels to help offset utility costs and the roof was replaced 4 years ago. Outdoor living is equally inviting with a fenced backyard and covered patio for relaxing or hosting. Convenient to Fort Cavazos and GRK Airport, schools, shopping, and dining, this home combines spacious living, thoughtful layout, and a prime location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017