12 Fairway Drive
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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.
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Apr 2, 2025 | In contract | - | |
| In contract | |||
| Mar 20, 2025 | Listed by Compass Greater NY, LLC | $1,995,000 | |
| Listed by Compass Greater NY, LLC | |||
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Exceptional sun-drenched renovated raised ranch ideally suited to modern living and spectacular indoor-outdoor entertaining on a park-like half-acre in the Scarsdale school district's coveted Quaker Ridge neighborhood. This almost 4000 square foot showplace boasts gleaming hardwood floors, soaring ceilings and elegant millwork. From the gracious foyer, the breathtaking living room beckons with a wall of windows and flows directly into the dining room. Elevate your culinary skill in the updated eat-in kitchen featuring custom cabinetry, Quartzite countertop and state-of-the-art stainless-steel appliances including Sub zero refrigerator, Wolf plumbed steam oven, Wold cooktop, and Miele dishwasher. Enjoy al fresco dining on the expansive deck overlooking the magnificent backyard with room for a pool. Head down the hall to the sprawling owner’s suite with custom cabinetry and wardrobe area that leads to the renovated en suite bathroom with double vanity, a tub and shower with glass enclosure. Three secondary bedrooms include roomy closets, and access to an updated hall bath. The lavish walk-out lower level practically lives like a second home with a recreation room with fireplace and wet bar and sliders that lead to a patio and backyard. There is also a gym area, playroom and 5th bedroom or office, laundry room with new oversized washer and dryers and mudroom that leads to the 2 car fully outfitted garage with Epoxy flooring and EV charger. There is also a 22 KW Generac whole house generator. Located on a picturesque tree-lined street with 2 cul de sacs and no thru traffic in the desirable Quaker Ridge, this exceptional home is in close proximity to two renowned golf courses, excellent local shopping and FREE BUS to the top-rated Scarsdale schools, including Quaker Ridge Elementary, Middle and Scarsdale High Schools. Nearby parkways and the Scarsdale and Mamaroneck Metro-North stations offer easy access to local amenities, New York City and beyond.
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| May 26, 2015 | Sold | ||
| Sold | |||
| Feb 17, 2015 | Listed by William Raveis-New York LLC | $1,399,000 | |
| Listed by William Raveis-New York LLC | |||
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About Westchester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017