7206 E Falls Road
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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%.
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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 |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | Listed by PBP Real Estate LLC | $625,000 | |
| Listed by PBP Real Estate LLC | |||
| | |||
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This unique, fully renovated single-story estate home offers 3 bedrooms, 2.5 bathrooms, and an oversized 2-car garage. The property boasts volume and tray ceilings, a custom built-in in the living room, 20x20 porcelain flooring throughout, and custom closets. The gourmet kitchen features 42'' white cabinetry, granite countertops, and top-of-the-line LG black diamond stainless steel appliances. The high-end master bathroom includes a separate tub and shower. Additional highlights include custom fabric window treatments, plantation shutters, and hurricane impact glass windows and doors. The fabulous screened back patio features a covered lanai and a heated in-ground mini-pool with a saltwater system and indoor controls. Enjoy the best lake and golf views in the community.
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| Oct 16, 2018 | Sold | ||
| Sold | |||
| Jul 8, 2018 | Listed by RE/MAX Services | $500,000 | |
| Listed by RE/MAX Services | |||
| Apr 25, 2012 | Sold | ||
| Sold | |||
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About Pipers Glen
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$6,000 /mo
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$5,499 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017