11569 Rylynn Street
About This Property
Take advantage of a rare opportunity to secure this beautiful home with an assumable 3.75% FHA loan! Nestled in the highly sought-after Fairway Canyon community, this property offers access to resort-style amenities, including multiple pools, a spa, a state-of-the-art fitness center, a clubhouse/rec room, sports courts, playgrounds, and even a splash pad! Plus, the HOA includes internet services for added convenience. All of this is set against the scenic backdrop of the renowned Tukwet Canyon Golf Course.
This spacious 4-bedroom, 3-bath home features an open-concept floor plan, perfect for modern living. The large eat-in kitchen flows seamlessly into the expansive living room, providing a bright and inviting space for family gatherings and entertaining. One bedroom and a full bath are conveniently located downstairs, offering flexibility for guests or multi-generational living. Upstairs, you'll find a loft area ideal for a home office or playroom.
The home is only a few years old and in pristine condition, ready for your personal touch. A solar lease, which will be transferred to the new owners, helps make this home energy-efficient and eco-friendly.
Located in a vibrant community with an abundance of amenities, this home provides a lifestyle that's truly unmatched. Don't miss out on this incredible opportunity!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Feb 15, 2025 | Listed by RE/MAX ADVANTAGE | $579,000 | |
| Listed by RE/MAX ADVANTAGE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017