7827 Rowan Terrace
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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 |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Feb 28, 2024 | In contract | - | |
| In contract | |||
| Nov 12, 2023 | Listed by RE/MAX Direct | $975,000 | |
| Listed by RE/MAX Direct | |||
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Under 55+ Possible. BRAND NEW BUILD!! 3BR 3 1/2 BA! The Falls Parkland - Resort Lifestyle in Gated Community. $100,000+ in Builder Upgrades Including Oversized Waterview Lot, Gourmet Pro Kitchen w/Extended Cabinets, 36” Gas Stovetop w/Hood, Double Wall Ovens. Porcelain Flooring Throughout, Tray Ceilings w/Crown Molding, 16 foot Foyer Opens to Large Great Room. Owners Suite & Bath w/Huge Shower & Separate Quartz Vanities, Huge Closet. Impact Windows & Doors, Tankless Water Heater, WIFI S/S Appl & Energy Eff A/C. Lanai w/BBQ Hookup, Room For Pool! Too Many other Upgrades to List. Lawn & Landscaping Included, 24,000 sf Clubhouse, Resort-Style Pool & Spa, Fitness Center, Theater, Card Rooms, Billiards, Ballroom, Lounge, On-Site Café, Outdoor Kitchen, Pickleball. THIS ONE WONT LAST!!!
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| Nov 8, 2023 | Sold | ||
| Sold | |||
| Nov 22, 2022 | Listed by Maltbie Realtors | $823,485 | |
| Listed by Maltbie Realtors | |||
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Resort-Style Homes at The Falls at Parkland. Gated 55+ community, little-to-no maintenance. 24,000sf clubhouse -theater, card rooms, billiards, ballroom, lounge, on-site café. Fitness center. Resort-style pool and spa. Outdoor kitchen and lounge. Pickleball and bocce. The Andros is 3/2.5 at 2481sf heated, 2 bay rooms, lanai, dual sinks and lg walk-in in Owners. Wide foyer opens into the large Great Room with open air doors and kitchen dining combo. Lots of room. WIFI garage opener and NEST thermostat. **Closing cost assistance available w/ Builder affiliated lender**. DISCLAIMER: Prices/offers subject to change w/o notice. Lot Premium may apply. All photos are stock photos of this floor plan. Actual home may differ from photos.
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About Parkland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017