5901 Fallsview Lane
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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 22, 2024 | Sold | ||
| Sold | |||
| May 4, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by RE/MAX DFW Associates | $1,200,000 | |
| Listed by RE/MAX DFW Associates | |||
| Dec 29, 2023 | Sold | ||
| Sold | |||
| Oct 14, 2023 | Listed by Keller Williams Realty | $715,000 | |
| Listed by Keller Williams Realty | |||
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Welcome to your dream fixer-upper! This charming house in Preston West, is a hidden gem, waiting for the right owner to bring it back to its full glory. Nestled in a peaceful neighborhood, this property offers endless possibilities for renovation and customization. Here's your chance to create the perfect oasis tailored to your unique style and taste. This house is a diamond in the rough, offering an excellent opportunity for those with a creative vision. Imagine the thrill of restoring this home to its former splendor or transforming it into a modern masterpiece. The choice is yours! Explore the charm of the neighborhood and enjoy the convenience of urban amenities just moments away. Embrace the opportunity to turn this property into a masterpiece that reflects your personality and lifestyle. Schedule a viewing today and let your renovation dreams come to life!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017