7541 FALCON TRACE Drive W
About This Property
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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%.
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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 28, 2024 | Sold | ||
| Sold | |||
| Jul 20, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Price Decreased |
$279,900
↓ $15K
(5.1%) | |
| Price Decreased | |||
| May 28, 2024 | Price Decreased |
$295,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Mar 22, 2024 | Listed by REAL BROKER LLC | $300,000 | |
| Listed by REAL BROKER LLC | |||
| | |||
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Welcome home to this recently remodeled home in the much saught after Argyle area. Great small neighborhood. This beautiful 3 bedroom 2 bath home with a dining room that could easily be turned into a 4th bedroom or office. 1700 sq ft. New kitchen cabinets with granite counter tops. Upgraded Master bath. Split bedroom floor plan. House backs up to a pond. This one will not be here long. Come see it today.
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Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017