6106 Fallengate Drive
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 |
|---|---|---|---|
| Feb 2, 2023 | Sold | ||
| Sold | |||
| Dec 13, 2022 | Listed by Orchard Brokerage | $204,999 | |
| Listed by Orchard Brokerage | |||
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Click the Virtual Tour link to view the 3D walkthrough. Brick exterior, 3 bed/ 2 bath, and move-in ready this home awaits new owners! The kitchen features ample counter space, tile backsplash, and beautiful cabinetry waiting to be stocked. Easy access to both the dining area and family room with the open layout of the kitchen. Entertaining comes easy with the large family room and hard surfaced floors throughout the home – ideal for easy cleaning. The primary bedroom boasts a bath en-suite with a standing shower and walk-in closet. Built-in shelves is waiting to be filled with books, pictures, or plants in one of the remaining bedrooms. A bolted gun safe can be found in one of the closets. The covered patio is perfect for relaxing outside during the hot Texas summers. Spend Saturday morning at Cypresswood Golf Club or at Carter Park. Welcome home! All appliances included and property is equipped with ring doorbell and cameras. Recent updates: fresh paint
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017