11902 FAYE Road
About This Property
Inside, you will find new flooring, fresh interior paint, and updated LED lighting that create a bright and inviting atmosphere. The home is also outfitted with all new 2-inch faux wood cordless blinds, adding both style and convenience throughout. Built with durability in mind, the home features 2x6 exterior walls and plywood-enforced flooring, providing enhanced structural strength and long-term reliability. The kitchen has been tastefully upgraded with solid wood cabinetry and custom wood butcher block countertops, adding warmth and a high-end feel. Both bathrooms feature matching butcher block countertops for a cohesive design.
The primary bathroom is a true retreat, complete with a beautiful standalone soaking tub and a separate shower, offering the perfect space to relax and unwind.
Major system improvements include updated PEX-A plumbing, new fixtures throughout, a new AC system, and a new well pump. The property also features a newly drilled 180-foot deep well, offering added reliability and access to higher-quality water.
Additional upgrades include new smoke detectors, exterior steps, and a front entry ramp for added convenience and accessibility. The full acre offers plenty of room for outdoor living and storage, with two sheds providing ample space for tools, hobbies, and equipment.
Move-in ready with extensive upgrades, this property offers the flexibility and freedom of country living while still being close to town.
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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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Apr 3, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by KELLER WILLIAMS JACKSONVILLE | $250,000 | |
| Listed by KELLER WILLIAMS JACKSONVILLE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017