580 Falls Drive
About This Property
Gracious living spaces are designed to for your entire family, blending group enjoyment with individual privacy seamlessly. Viking appliances, a 48" dual fuel range, and a Miele coffee system effortlessly extends into the expansive outdoor area. Enjoy coffee in the am or a glass of wine at night amidst captivating views of the golf course and grand mountains.
A fenced flat yard offers space for you and your pets to roam. If you enjoy gardening, the raised bed area brims with vibrant flowers and lush foliage, offering a serene retreat. Embrace this rare chance to immerse yourself in the pinnacle of mountain lifestyle sophistication and natural beauty.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 29, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | Listed by Allen Tate Company Highlands | $4,450,000 | |
| Listed by Allen Tate Company Highlands | |||
| Sep 7, 2019 | No longer available | - | |
| No longer available | |||
| Sep 4, 2019 | Sold | ||
| Sold | |||
| Jul 11, 2019 | Listed by Allen Tate Company Highlands | $1,250,000 | |
| Listed by Allen Tate Company Highlands | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017