1231 Fairview Lane
About This Property
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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 |
|---|---|---|---|
| Aug 2, 2017 | Sold | ||
| Sold | |||
| Jun 1, 2017 | Sold | ||
| Sold | |||
| Jan 1, 2017 | Listed by Waterfront Properties & Club C | $829,950 | |
| Listed by Waterfront Properties & Club C | |||
| Mar 10, 2014 | Sold | ||
| Sold | |||
| Dec 11, 2013 | Listed by Waterfront Properties & Club C | $447,500 | |
| Listed by Waterfront Properties & Club C | |||
| | |||
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This rare 4 bedroom Singer Island home features 2 master bedrooms with renovated en suite baths, split floor plan, circular drive. French doors leading to the beautifully situated heated pool surrounded by elegant pavers and and white PVC fence for complete privacy. The home is steps from the beach, accessible via deeded beach access making it a perfect place to settle down.
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About Palm Beach Isles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017