12206 FAIRLAWN
About This Property
The recently upgraded kitchen features new cabinetry, beautiful new countertops, and brand-new stainless steel appliances, creating a stylish and functional space that opens seamlessly to the living area. A formal dining room provides the perfect setting for entertaining, while the spacious loft upstairs offers flexible space for a home office, media area, playroom, or additional living space.
Step outside to your pavered patio and enjoy peaceful, private views of the conservation area. Thanks to the backyard's ideal direction, you'll also be treated to amazing sunsets right from your own outdoor space, creating a beautiful backdrop for morning coffee, outdoor dining, entertaining, or relaxing at the end of the day. With no need for major updates, this home is truly ready for its next owners.
The community offers an exceptional lifestyle with resort-style pools, scenic trails, basketball courts, tennis and pickleball courts, playgrounds, and more. A two-car garage provides ample parking and storage.
Perfectly maintained, beautifully updated, and ideally situated within an amenity-rich community, this home offers the space, comfort, and peace of mind you've been looking for. Come see all that this exceptional property has to offer!
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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.
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About Riverview
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017