1032 W Bluff Way
About This Property
Fairway Ranch is more than a neighborhood-it's a lifestyle. Professionally managed by FirstService Residential, the HOA provides access to premium amenities including a community pool, greenbelt trails, and two playgrounds, all designed to enhance resident well-being and property value. Residents enjoy 24-7 access to community services, online management tools, and a dedicated support team, ensuring convenience and peace of mind. Located minutes from scenic lakes, parks, and top-tier dining, with direct access to TX-114 and I-35, this home offers both tranquility and connectivity. For professionals seeking a residence that reflects their success and supports their lifestyle, this Fairway Ranch property is an exceptional opportunity.
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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 22, 2025 | Sold | ||
| Sold | |||
| Aug 29, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2025 | Listed by Coldwell Banker Realty | $735,900 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017