742 FALCON LANE
About This Property
Step inside and be greeted by an open floor plan, perfect for everyday living and effortless entertaining. The gourmet kitchen is the heart of the home, showcasing gleaming granite counters, beautiful LVP flooring, and a show-stopping, very large island-ideal for casual meals or hosting friends. Fresh custom color paint throughout adds a touch of personality and move-in readiness.
The primary suite is a private retreat, while the main level is completed by two additional spacious bedrooms and a second full bath. Outside, you'll love the custom paver patio, offering a serene space for outdoor dining and relaxation. Practical luxury is provided by the attached two-car garage.
But the potential doesn't stop there! The very large, unfinished basement is a blank canvas, already featuring a rough-in for a third bathroom and a fantastic walk-out exit up to the rear yard. Imagine the possibilities for a massive recreation room, home gym, or additional finished living space-or simply enjoy the incredible storage and game area it offers as-is.
The neighborhood is as desirable as the home, offering an ideal blend of peaceful community living and excellent commutable access-perfectly situated for easy travel without the noise of being too close to major highways. This is more than a home; it's the next chapter you've been waiting for!
Payment Calculator
Your Estimated Monthly Payment
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 2, 2026 | Sold | ||
| Sold | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Price Decreased |
$524,999
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jan 19, 2026 | Price Decreased |
$535,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Jan 5, 2026 | Listed by EXIT Preferred Realty, LLC | $550,000 | |
| Listed by EXIT Preferred Realty, LLC | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017