7 Falcon Lane
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 19, 2011 | Sold | ||
| Sold | |||
| Aug 18, 2010 | Listed by Keller Williams Realty Evolution | $329,900 | |
| Listed by Keller Williams Realty Evolution | |||
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HURRY ON THIS ONE AT THIS AFFORDABLE PRICE!!! GORGEOUS!! THIS NEW CONSTRUCTION IS COMPLETE SO MAKE OFFERS NOW!!! CAN CLOSE QUICK!!! IF YOU WANT GORGEOUS THIS IS IT!!!! HAS IT ALL GRANITE, HARDWOOD, QUALITY, LEVEL LOT, FENCED, OPEN CONCEPT SO COME SEE AND YOU WILL WANT THIS HOME. JUST PICK YOUR APPLIANCES AND BUILDER WILL INSTALL AND AT CLOSING BUILDER WILL GIVE BUYER A CHECK FOR $1,500.00 CREDIT AT CLOSING FOR APPLIANCES. SEE IT, MAKE OFFER!!! CLOSE TO HIGHWAYS, SHOPPING AND HAS IT ALL!!!
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