7311 Fall Springs 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 |
|---|---|---|---|
| Mar 16, 2021 | Sold | ||
| Sold | |||
| Oct 6, 2020 | Listed by BHGRE Gary Greene | $255,000 | |
| Listed by BHGRE Gary Greene | |||
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Beautifully maintained Perry home on prime lot backing up to greenbelt! No rear neighbors! Fantastic open floor plan with gorgeous wood floors, high ceilings, formal dining, study and plantation shutters throughout! Split layout with master separate from secondary bedrooms. Fantastic location for your daily commute!!! Easy access to Beltway 8, 59 and Hardy Toll Rd.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017