6107 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 |
|---|---|---|---|
| Sep 7, 2023 | Sold | ||
| Sold | |||
| Mar 24, 2023 | Listed by Coldwell Banker Realty | $233,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to 6107 Fallengate Drive. A charming 3/2/2 updated home. A beautiful courtyard invites you and your guest to the front door. Updates include granite countertops, new paint, flooring, . . . . This open concept floor plan is move-in ready and perfect for entertaining family and friends. Some of the many features of the home include vaulted ceiling, beautiful large fireplace, lots of windows allowing natural light, inviting custom pass through arch from kitchen to living room, soft close drawers and cabinets in kitchen, stainless steel appliances, title backsplash, . . . Schedule your appointment to view this charming home today!
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| Dec 16, 2022 | Sold | ||
| Sold | |||
| Sep 2, 2022 | Listed by Realty Associates | $167,000 | |
| Listed by Realty Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017