173 N Fairway Drive
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2020 | Sold | ||
| Sold | |||
| Jul 2, 2020 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $899,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
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Turn Key Rustic Transformation. This newly remodeled home has all the luxuries you desire. Privately tucked away among tall cedar & pine trees on the 15th hole of Lake Arrowhead CC. Setup for heated driveway & 2 car garage gives you plenty of parking. High vaulted ceilings with floor to ceiling glass of luscious green golf course. You don't see any neighbors looking out of your windows. Luxury vinyl flooring flowing from living room, dining & kitchen. Wood burning stove fireplace with neutral stack stone design is the focal point of the room. Dining room has 180 views of golf course views. Kitchen has newer soft close knotty alder cabinets, Jenn Air appliances, leather granite & travertine backsplash. Large wrap around deck with u shaped sectional & fire pit. All three bedrooms are suites, located on half levels & any of them could be the master. Two large unfinished rooms could be turned into game room or another suite. Security cameras, AC, Whole House Fan, Smart lock, etc.
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| Jun 20, 2020 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $899,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
| Aug 20, 2017 | Listed | $625,000 | |
| Listed | |||
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Tranquil golf course frontage with complete privacy. Nestled in the trees on the 15th Monster hole of Lake Arrowhead CC this home has serene views of holes 13, 14 & 15. Enter large driveway with newly renovated stone on exterior two car garage and home. Walk into open living concept with large windows exposing the beautiful surrounding nature. The perfect mountain getaway with three bedrooms and three full bathrooms. Entertain with large outdoor decks over looking golf course or cozy up by the masculine fireplace. Lake Arrowhead CC clubhouse is within a 5 minute golf cart ride. Enjoy exquisite dining, entertainment, tennis, bocci ball, golf and so many other activities in your backyard. Experience the mountains the right way! The manager has listed the unit size as 2602 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017