7503 Falcon Drive
About This Property
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 |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by Wendy Cline Properties Group | $425,000 | |
| Listed by Wendy Cline Properties Group | |||
| | |||
|
Charming 3 bedroom 2 bath home nestled on 2 lightly restricted acres in the heart of Waller County! Upon entry you will be met with a spacious living room that opens up into the breakfast room and kitchen. The galley style kitchen features granite countertops, stainless steel appliances, ample cabinet space and tons of natural light! The large primary suite offers its own ensuite bathroom with a gorgeous, tiled shower for optimal privacy while 2 secondary bedrooms and a full secondary bath makes this home perfect for a ! The huge back deck is a great place to enjoy your morning coffee while taking in the scenic country views, or to entertain guests with a summer BBQ. Take a serene walk through 2 acres of lush green space or spend the day fishing in the stocked pond. The 48X24 ft. barn provides plenty of space for your horses, ag projects or for a workshop! Located in sought after Royal ISD! Don't miss your chance to tour this gem!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017