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159 Fairway Drive
About This Property
Inside, the open floor plan creates an effortless flow between the kitchen, dining and living rooms, with wide-plank wood flooring throughout and a wood-burning fireplace adding warmth and character to the living room and creating an inviting space for everyday living and entertaining. The main level also offers a versatile bonus room, perfect for a home office, den, guest space or whatever best suits your lifestyle.
Upstairs, the spacious primary suite features a walk-in closet, two additional double closets and a stylishly updated en-suite bath (2023). A second bonus room off the primary suite provides additional flexibility for a private office, den or sitting area The second bedroom has its own en-suite bath, also beautifully updated in 2024..
The expansive deck, just off the living room, is a wonderful extension of the living space, offering a peaceful place to relax or entertain while taking in the beautiful open setting and exceptional privacy. Additional updates include a new stainless-steel refrigerator (2026), an upsized and relocated hot water heater (2023), and a two-zone AC system with heat pump replaced in 2021. Residents of The Fairways also enjoy a community pool and playground.
A truly special opportunity to enjoy the space, privacy and amenities of The Fairways in a home that offers something few others can: an end-unit setting, two-car garage and expansive open views.
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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 |
|---|---|---|---|
| Nov 1, 2026 | In contract | - | |
| In contract | |||
| Oct 7, 2026 | Listed by William Raveis-New York LLC | $629,000 | |
| Listed by William Raveis-New York LLC | |||
| Oct 9, 2018 | Sold | ||
| Sold | |||
| Jul 7, 2018 | Listed by Briante Realty Group, LLC | $368,000 | |
| Listed by Briante Realty Group, LLC | |||
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Your dream home awaits! The best The Fairways has to offer w/a location that can't be surpassed. This immaculate, contemporary end unit offers an abundance of privacy like no other. W/a backyard surrounded by sprawling fields, there is plenty of room to entertain, or just to relax in its peaceful environment. You'll love creating meals in the high-end professionally designed kitchen, w/ gorgeous iridescent jeweled glass tile backsplash, CaesarStone counters, ss appliances, tall cherry wood cabinets & unique kitchen island w/sink & dishwasher. Main floor flows nicely between kitchen, dining room and living room. Upstairs you'll not only find the master bedroom suite, but a 2nd bedroom suite that rivals most MBs. Impressive attention to details such as grasscloth wallpaper, Restoration Hardware chandelier, engineered wide plank hardwood floors, custom closets, solid doors, Minka Aire ceiling fan, custom made fireplace cushion, etc make this cozy house a place you'd be proud to call home. Additional Information: Amenities:Guest Quarters,Storage,ParkingFeatures:2 Car Attached,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017