1351 Fairway Drive
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 |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Mar 11, 2024 | Listed by @properties Christie's International Real Estate | $849,999 | |
| Listed by @properties Christie's International Real Estate | |||
| Jun 13, 2020 | No longer available | - | |
| No longer available | |||
| Mar 7, 2020 | No longer available | - | |
| No longer available | |||
| Mar 5, 2020 | Listed | $675,000 | |
| Listed | |||
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Walk to school & train from this lovely colonial in an exceptional & convenient location. This beautifully maintained 4 bedroom center-entry Colonial sits on a large corner lot. A spacious foyer with soaring ceilings and stylish slate floors greets you as you enter the home. Abundant windows, including a large bay window, in the living room fill the space with natural light. The "on-trend" navy dining room is framed by an additional grand bay window and custom millwork. The gourmet white kitchen includes stainless steel appliances and a large eating area which has sliders to the patio outside. The spacious family room features beautiful white wooden paneled walls, distinctive white beams on the ceiling, a stunning new marble fireplace, and sliders to the outdoor patio. Convenient first floor laundry. Upstairs you will find the gorgeous master suite with a newly renovated en-suite bathroom with double vanity with quartz counters. Three large bedrooms and an additional newly renovated full bath complete the 2nd floor. The finished basement offers plenty of additional recreational and living and storage space. Gleaming hardwood floors and neutral paint colors throughout the home. Walking distance to Everett elementary school, the Metra train, and shopping/restaurants. Wonderful opportunity for a new family to move into this "move-in" ready home! The manager has listed the unit size as 2985 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017