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141 S Fairway Loop
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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 4, 2025 | Sold | ||
| Sold | |||
| Feb 25, 2025 | In contract | - | |
| In contract | |||
| Jan 22, 2025 | Listed by Compass RE Texas, LLC - The Woodlands | $369,000 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
| May 12, 2023 | Sold | ||
| Sold | |||
| Apr 6, 2023 | Listed by Compass RE Texas, LLC | $295,000 | |
| Listed by Compass RE Texas, LLC | |||
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This charming home sits on two spacious lots with towering trees providing plenty of shade and privacy. The interior boasts a spacious living area with high ceilings and separate dining area for family gatherings. The kitchen has a long center island and plenty of cabinet space. With three bedrooms and two full bathrooms, there is room for family and friends. The master suite features an en-suite bathroom, wood burning fireplace and French doors leading to the back deck. Outside, the property is a nature lover's paradise with mature trees, gazebo and back deck that spans the home. There are two air conditioned rooms off the garage that could be used for storage, a workshop or home office. While the home could benefit from some updating it offers plenty of potential. Don't miss your chance to make this charming home your own and enjoy the beauty of East Texas living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017