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15919 FAIRWAY DRIVE
About This Property
The renovated second-level hall bath showcases a fresh, modern design with a new tub, tile surround, double vanity, and updated fixtures, while the primary bath features a beautifully updated tiled shower to compliment the double vanity. A stunning staircase renovation adds warmth and character with stained wood treads designed to complement the hardwood flooring and banister, accented by decorative iron spindles for a sophisticated touch.
The heart of the home features a beautifully updated kitchen with quartz countertops, updated cabinetry, tile flooring, and expanded space perfect for everyday living and entertaining. Recent appliance updates include an electric cooktop (2024), refrigerator and dishwasher (2025), plus a microwave and cooktop vent fan (2026). Hardwood flooring extends throughout the main and upper levels, while durable luxury vinyl plank flooring enhances the lower level.
Additional recent improvements completed between 2020–2022 include exterior siding, roof shingles, windows, Trane heat pump 2016-providing major system and exterior updates already taken care of for the next owner. A custom drop-zone nook with bench seating, hooks, and storage adds both charm and functionality to the hall area, and the garage has been freshly painted for a clean finished appearance.
Outdoor living is equally impressive with an expanded rear deck overlooking the private treed setting and golf course views-an ideal space for relaxing or entertaining guests.
Residents enjoy access to all of Montclair's exceptional amenities for a low monthly HOA fee of $75, including a stunning 109-acre stocked lake with three sandy beaches, boat ramp, fishing piers, playgrounds, ballfields, exercise stations, dog park, and more. Golf enthusiasts will appreciate the 18-hole golf course with the optional full-service country club membership, with pool memberships also available. Trash service is currently $21 monthly through the HOA, with the option to select a private vendor if preferred.
Convenient for commuting to Quantico MCB, Fort Belvoir, The Pentagon and Washington D.C. 10 mins to I95 and commuter parking, 20 mins to VRE.
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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%.
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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.
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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.
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About Montclair
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017