6722 Wellbrook Falls 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 |
|---|---|---|---|
| Feb 26, 2021 | Sold | ||
| Sold | |||
| Aug 27, 2020 | Listed by Re/Max Universal | $429,999 | |
| Listed by Re/Max Universal | |||
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NEW! Lennar Homes Texas Reserve Collection ''Sapphire'' Plan, Brick & Stone Elevation ''C'' in the Falls at Green Meadows! ''Everything's Included'' 5/3.5/2 + Study, Dining, Game & Media Rooms! Island Kitchen w/ 42'' Cabinets, Under Cabnet Lighting & Stainless Steel Appliances, including Double Ovens! Gorgeous and Extensive 6"x 24" Tile Flooring, Granite Kitchen Countertops; 2'' Faux Wood Blinds, Brushed Nickel Lighting & Door Hardware, Crown Moulding; Shower Separate from Tub in Master Suite with Large Walk-in Closet; Covered Front Porch, 8' Interior Doors on 1st Floor, Garage Door Opener, Oversized Garage; Fully Sodded Yard w/ Sprinkler System, Covered Rear Patio & Gas Stub; Ceiling Fans, 16 SEER HVAC System, Prog. Thermostat & MORE! The Connected Home by Lennar® is the first Wi-Fi CERTIFIED™ Home Design that keeps you connected to the most desirable technology brand devices and is engineered for no dead spots.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017