42
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2 Fairhaven Drive
About This Property
The exterior of this beautifully maintained 2 level home showcases outstanding curb appeal with manicured landscaping, water features, and a welcoming presence. The beautiful and private backyard offers an in-ground swimming pool, a basketball 1/2 court, a custom wood-burning fire pit seating, creating the perfect setting for entertaining or relaxing with family and friends. The home's owned solar panels, combined with its Pearl Energy Certification and enhanced attic, wall, and basement insulation, contribute to remarkably low electric costs and exceptional year-round efficiency and savings. Coupled with its very low property taxes, the new roof & new windows, this home offers tremendous long-term value. In addition, the home's reverse osmosis water filtration system provides added convenience and peace of mind.
The 1st floor offers a spacious and inviting eat-in kitchen with abundant cabinetry & generous counter space. Adjacent to the kitchen is the oversized family room complete with a wood-burning fireplace that can warm the entire home and sliders to the back yard. Hardwood floors flow throughout the home. The spacious living room features a beautiful coffered ceiling and offers sliding door access to backyard patio. The formal dining room and a beautifully updated 1/2 bath complete the 1st level of this home.
The second level features 5 generously sized bedrooms w/ hardwood flooring throughout. The spacious primary suite offers privacy and luxury with its spa-like bathroom and oversized custom California-style walk-in closet.
The finished lower level adds incredible versatility and lifestyle appeal, offering a home gym, an elegant wine cellar, and a relaxing sauna, creating the ultimate in-home wellness experience.
Ideally situated close to shopping, dining, parks, and major transportation routes, this exceptional property offers the rare opportunity to enjoy luxury amenities, energy efficiency, and a convenient location all within one of the area's most desirable school districts.
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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 |
|---|---|---|---|
| Aug 16, 2026 | In contract | - | |
| In contract | |||
| Jul 17, 2026 | Listed by Keller Williams Realty Greater | $995,000 | |
| Listed by Keller Williams Realty Greater | |||
| Jul 23, 2018 | Sold | ||
| Sold | |||
| Jun 13, 2014 | Sold | ||
| Sold | |||
| Jul 9, 2013 | Listed by Keller Williams Realty Greater | $425,000 | |
| Listed by Keller Williams Realty Greater | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017