23
Map
812 Fall Drive
About This Property
Listed By
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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 |
|---|---|---|---|
| Oct 1, 2026 | In contract | - | |
| In contract | |||
| Sep 11, 2026 | Listed by Texas Ally Real Estate Group | $429,000 | |
| Listed by Texas Ally Real Estate Group | |||
| Jul 14, 2026 | Sold | ||
| Sold | |||
| Jul 5, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Listed by Allie Beth Allman & Assoc. | $349,999 | |
| Listed by Allie Beth Allman & Assoc. | |||
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Exceptional opportunity to own a home below market value in the highly desirable Cottonwood Bend community of Allen, located within the award-winning Allen ISD. This charming 3-bedroom, 2-bath home offers great bones, a functional floor plan, and incredible potential for the buyer looking to add their personal touch.
Situated on a beautiful tree-lined street, this property offers excellent curb appeal, a private back alley, and an attached garage — features that are increasingly hard to find in this sought-after Allen neighborhood.
Renovations have already been started, providing a strong foundation for the next owner to complete the vision and customize the home to their exact preferences. The property is being sold as-is and is attractively priced to reflect its current condition.
Whether you are an investor seeking a great opportunity or a buyer looking for an affordable home under $350,000 with the ability to create something truly your own, this property offers tremendous upside in a fantastic location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017