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1087 Fairfax Circle W
About This Property
Upon entry, you're greeted by Vaulted ceilings and a screened-in front entrance with a recently replaced double front door. The spacious interior showcases new neutral-colored luxury vinyl flooring throughout the first floor, offering a modern touch. The freshly renovated bathrooms add a contemporary flair, with the primary bathroom featuring a luxurious whirlpool soaking tub, a double vanity, and a stunning new shower with elegant tile and a seamless glass door.
The kitchen is a chef's dream with granite countertops, updated soft-close cabinets and drawers, a large custom-built pantry with heavy-duty wooden shelves, and newer stainless steel appliances. The home is equipped with modern recessed lighting, new remote control ceiling fans in all bedrooms and the family room, and matching chandeliers in the dining and living rooms for a cohesive and stylish ambiance.
The home is adorned with plantation shutters in all bedrooms, the kitchen, the primary bath, and the family room, providing a refined look and privacy. Enjoy the seamless flow from the indoors to the outdoors, with an oversized Screened -In Florida Room featuring Vinyl Sliding Windows, leading to a large outside patio and a fenced backyard, perfect for entertaining or relaxing.
Additional features include a large laundry room, ample storage space under the stairs, and a spacious 2-car garage with shelving. The home's exterior and interior were freshly painted in 2021, and the AC unit was replaced the same year. The property also includes in-ground sprinklers for easy lawn maintenance.
As a resident of Lawrence Grove, you'll enjoy access to a community pool, hot tub, playground, volleyball, and tennis courts, all included in the low HOA fee. With some furniture negotiable, this home is move-in ready and waiting for you to make it your own. Don't miss the opportunity to own this fantastic property in a vibrant and welcoming community! Buyer will have peace of mind with Seller Paid Home Warranty!
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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%.
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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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | Listed by EXP Realty LLC | $550,000 | |
| Listed by EXP Realty LLC | |||
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About Lawrence Grove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017