700 Fall Creek Drive #3
About This Property
The manager has listed the unit size as 619 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 8, 2022 | No longer available | - | |
| No longer available | |||
| May 4, 2022 | In contract | - | |
| In contract | |||
| Apr 30, 2022 | Listed | $169,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/27/2024
|
Loft
|
2 Bath
|
888 ft²
|
$218,000
Loft
2 Bath
888 ft²
|
-
-
|
Melinda Jane Murray
Keller Williams Tri-Lakes
| |
|
05/26/2023
|
Loft
|
2 Bath
|
739 ft²
|
$199,900
Loft
2 Bath
739 ft²
|
-
-
|
Melinda Jane Murray
Keller Williams Tri-Lakes
| |
|
02/28/2023
|
Loft
|
1 Bath
|
600 ft²
|
$190,000
Loft
1 Bath
600 ft²
|
-
-
|
Rob E Robbins
Keller Williams Tri-Lakes
| |
|
09/21/2022
|
Loft
|
2 Bath
|
820 ft²
|
$234,000
Loft
2 Bath
820 ft²
|
-
-
|
G&G Realty Team
Southwest Missouri Realty
| |
|
04/30/2022
|
1 Bed
|
1 Bath
|
619 ft²
|
$169,900
1 Bed
1 Bath
619 ft²
|
-
-
|
Patty Silliman
Silliman Realty & Associates
| |
|
10/30/2018
|
2 Bed
|
2 Bath
|
800 ft²
|
$67,900
2 Bed
2 Bath
800 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017