1417 Fairfield Drive
About This Property
Step inside to a stunning main living area featuring soaring vaulted ceilings, abundant natural light, and elegant architectural arches that create an open, airy feel. The striking staircase with wood accents and iron balusters adds a touch of sophistication, while the stone fireplace serves as a warm and inviting focal point. The thoughtfully designed floor plan flows seamlessly into the kitchen, where you'll find quartz countertops, stainless steel appliances, and a functional layout that keeps you connected to the main living space-ideal for hosting or spending time with family. The flexible 5th bedroom downstairs offers endless possibilities-perfect for a home office, gym, playroom, or guest suite-allowing you to tailor the space to your lifestyle. Step outside to enjoy an oversized covered patio, perfect for relaxing evenings or entertaining guests, along with a generously sized backyard for outdoor living. Major updates provide peace of mind, including two brand-new HVAC systems installed in March 2026, ensuring comfort and efficiency for years to come. Conveniently located less than a mile from the local elementary school and just minutes from major retail and dining destinations like HEB, BJ's, and Target, this home combines suburban comfort with everyday convenience. This is a rare opportunity to own a move-in-ready home in one of Forney's most desirable and rapidly growing areas.
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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 |
|---|---|---|---|
| May 8, 2026 | Sold | ||
| Sold | |||
| Apr 12, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Listed by Exalt Realty | $339,000 | |
| Listed by Exalt Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017