6291 Fallingwater Drive
About This Property
Every inch of this stunning home has been thoughtfully updated, featuring laminate wood flooring throughout, and an open-concept layout that invites natural light to flow freely. The custom white cabinetry in the kitchen adds a touch of sophistication, while the built-in cabinets and surround sound system in the living room create the perfect ambiance for entertaining or cozy nights in.
For the culinary enthusiast, the home chef-inspired kitchen is a dream come true, equipped with a double convection oven, gas range stove top, and ample counter space to prepare your favorite dishes.
Feel the cool ocean breeze sitting on your front patio or out back where you'll find a true oasis with a 4-hole putting and chipping green, perfect for the golf lover, and a serene rock waterfall to enhance the tranquil backyard atmosphere.
Additional features include paid-off solar panels for energy efficiency, and a garage that doubles as a TV room, offering a versatile space for hobbies or relaxation.
Located just steps from the distinguished Hope View Elementary School, this home is perfect for those seeking a blend of luxury, convenience, and a family-friendly environment. Don't miss your chance to own this exceptional property just minutes from the beach! Walking distance to Central Park and biking distance to the beach.
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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 |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
| Sep 15, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by Seven Gables Real Estate | $1,292,000 | |
| Listed by Seven Gables Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017