6711 Falling Waters Drive
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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 31, 2022 | Sold | ||
| Sold | |||
| Apr 16, 2022 | Listed by BHGRE Gary Greene | $360,000 | |
| Listed by BHGRE Gary Greene | |||
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Beautifully updated 2-story home nestled on almost a half-acre in the quiet, wooded neighborhood of Spring Creek Forest! This unique, eclectic home boasts 4 spacious bedrooms (all upstairs), 2 1/2 baths, formal dining, flex space currently being used as an office and a recently remodeled primary closet with built-ins & gorgeous ensuite. This home also features a beautiful stone fireplace, American Clay walls and ceilings throughout, and a large bar for entertaining. The flourishing backyard is full of fruit trees and mature landscaping with a lovely screened in porch for birdwatching. The kitchen has freshly painted cabinets with pull-out shelves and lots of storage. Top rated Klein ISD and a close drive to Vintage Park and Old Town Spring!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017