56 Fallenstone Drive
About This Property
Wow!! Updated and high-end Smart House Crestron technology! Artistic herringbone tile floors, towering fireplace, gourmet kitchen, 3 bedrooms, 2 full baths. No carpet! Easy living with covered front porch. Lots of natural light from all sides. Great location in Sylvan Forest with Woodlands schools, easy access to shopping with fast commute options.
Agents: See Agent Remarks for important information.
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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 14, 2023 | Sold | ||
| Sold | |||
| Jun 28, 2023 | Listed by Zarco Properties, LLC | $359,000 | |
| Listed by Zarco Properties, LLC | |||
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Updated Smart House Crestron technology! Artistic herringbone tile floors, towering fireplace, gourmet kitchen, 3 bedrooms, 2 full baths, seller replaced all windows, one story. No carpet! Easy living with covered front porch. Lots of natural light from all sides. Great location in Sylvan Forest with Woodlands schools (David Elementary, Collins, Knox, College Park High School), easy access to shopping with fast commute options. New front porch gutter. New paint! Easy access to The Woodlands walking trails. Stainless Steel refrigerator and barstools included with home.
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| May 15, 2021 | Sold | ||
| Sold | |||
| Apr 7, 2021 | Listed by Zarco Properties, LLC | $239,000 | |
| Listed by Zarco Properties, LLC | |||
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MULTIPLE OFFERS RECEIVED - NO MORE SHOWINGS AT THIS TIME.
Wow!! Updated and high-end Smart House Crestron technology! Artistic herringbone tile floors, towering fireplace, gourmet kitchen, 3 bedrooms, 2 full baths. No carpet! Easy living with covered front porch. Lots of natural light from all sides. Great location in Sylvan Forest with Woodlands schools, easy access to shopping with fast commute options.
Agents: See Agent Remarks for important information.
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017