524 Faulkner 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%.
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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 |
|---|---|---|---|
| Jul 8, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | Listed by Regal Realty | $435,000 | |
| Listed by Regal Realty | |||
| | |||
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MULTIPLE OFFERS, Best and final by 5 PM, Monday, June 24th. Beautiful and updated 2 story home located in the highly desirable Jonas Woods subdivision & SCUCISD schools. 4 bedrooms/2 full bathrooms/one half bath/high ceilings/open floor plan/Updated, gourmet kitchen with double ovens, microwave in island, custom cabinets with an abundance of storage in addition to the large pantry, wine bar with additional beverage refrigerator, bar stool seating at the island, & breakfast area that opens into sunroom/separate dining room/dedicated office space/large utility room with space for extra refrigerator with water line/large loft, family, media room upstairs/primary bedroom with 2 large closets has multipurpose space that could be used as a sitting room, nursery, or workout area/oversized 2 car garage with bump out/sunroom/mature trees/large backyard with lots of space for entertaining and playing. All bathrooms have been updated. New paint. New carpet. Roof - 2019, 2 HVAC systems - 2019, Water heater - 2017, Fence - 2021. More features listed in additional information of the listing. This home is walking distance to the community pool. Easy commute to Randolph AFB. Close to local shopping & dining! A must see! Book your showing today!
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| Oct 7, 2010 | Sold | ||
| Sold | |||
| Jul 9, 2010 | Listed by Compass Real Estate Group | $299,000 | |
| Listed by Compass Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017