7 Falcon Place
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 |
|---|---|---|---|
| Jul 13, 2021 | Sold | ||
| Sold | |||
| Apr 6, 2021 | In contract | - | |
| In contract | |||
| Mar 18, 2021 | Listed by Keller Williams Points North | $750,000 | |
| Listed by Keller Williams Points North | |||
| Dec 16, 2020 | No longer available | - | |
| No longer available | |||
| Nov 8, 2020 | Listed by Signature Premier Properties | $739,999 | |
| Listed by Signature Premier Properties | |||
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Beautifully Maintained home on flat fully fenced professionally landscaped property 1 block from Huntington Bay. Become a member of Huntington Bay club, sail in the sea. This homes has a large Master suite, updated kitchen, hardwood floors throughout with tile in foyer. Bright den has a wood burning fireplace with entrance to backyard. The driveway is expanded for 3 cars with Belgian block apron and curbing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017