9623 Fallbrook Drive
About This Property
Welcome to 9623 Fallbrook, a gem in the coveted Town Creek neighborhood. This home exudes curb appeal and offers a versatile floor plan with an office, formal living and dining rooms, and a generously sized family room, perfect for gatherings. The primary bedroom is conveniently located downstairs, providing privacy and comfort. With space galore, this home is ideal for families of all sizes. Situated on a quiet, picturesque street, enjoy peace and tranquility while being just moments from all the conveniences you need. A must-see!
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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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | Listed by Dave Perry Miller Real Estate | $515,000 | |
| Listed by Dave Perry Miller Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017