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1654 Fairway Drive
About This Property
sits next to the 5th hole of the Eagle Glen Golf course and at the base of the Santa Ana
mountains, giving you a gorgeous breeze, an amazing place to go for a walk.
The stunning entrance greets you with tall ceilings and hardwood floors, a beautiful floor plan
perfect for entertaining, an immaculate custom chef's kitchen with a Viking refrigerator, and a
Viking range and hood.
Greeting you at the top of the stairs is a large entertaining room, owner's suite, and additional
bedrooms. Owner's suite contains an impressive custom bathroom with dual vanities, separate
tub, shower, a large walk-in closet, a private balcony overlooking the custom pool with
waterfall, view of 5th hole, and magnificent backdrop of the Santa Ana Mountains. 3 additional
bedrooms upstairs, 2 of which share a jack and jill bathroom, with a single bedroom containing a
private bathroom. All bathrooms have been renovated and custom designed. This property also
has a 3-car garage with much more to see!
Neighborhood is located right off the 15 fwy. Come and see this property for yourself.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 4, 2022 | Sold | ||
| Sold | |||
| Jun 23, 2022 | Listed by REALTY MASTERS & ASSOCIATES, INC. | $1,428,888 | |
| Listed by REALTY MASTERS & ASSOCIATES, INC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017