1 Fairways Ln
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%.
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 15, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Jul 31, 2024 | Listed by Keller Williams Realty | $989,900 | |
| Listed by Keller Williams Realty | |||
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Located in The Villas of Merrimack Green we offer this elegant private home with views of golf course and amazing sunsets. This home offers a functional floor plan, enter into the two story foyer which opens up to a staircase dressed with wrought iron balusters, off the foyer is a half bath, laundry room and garage access. The first floor features a formal dining room, a two story spacious family rm with 20’ ceilings, and stone faced gas fireplace. The fully appliance kitchen offers cherry cabinetry, quartz countertops, and dining area. Directly off the kitchen is a wonderful sun room with windows facing the golf course with exterior access to a large deck, stone patio and private yard. The 1st floor Primary bedroom boasts vaulted ceilings, walk-in closets, a primary bath suite, tiled floors and a walk-in tiled shower with spa like body sprays. The 2nd floor includes 3 bedrooms including a 2nd primary suite with bath and walk-in closet. The basement offers expansive storage.
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| Jul 16, 2013 | Sold | ||
| Sold | |||
| Apr 23, 2013 | Listed by Keller Williams Realty | $539,900 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017