203 Fairway Ridge
About This Property
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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%.
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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.
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 |
|---|---|---|---|
| Apr 23, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2024 | Listed by Keller Williams Coastal Bend | $495,000 | |
| Listed by Keller Williams Coastal Bend | |||
| Nov 22, 2023 | Listed by MGM Real Estate, LLC | $595,000 | |
| Listed by MGM Real Estate, LLC | |||
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Elegant stucco residence boasting a tile roof, nestled alongside the scenic Beeville Country Club golf course on a sprawling 1-acre lot adorned with an abundance of trees. Enclosed by iron fencing and white rock columns, the vast backyard creates a serene retreat. Enter through exquisite double doors with iron accents into a two-story living room flooded with natural light from clerestory windows. The dining area features open archways, and a study awaits through French doors. The expansive kitchen impresses with double islands, including a wrap-around seated bar and a dedicated working island. Additional highlights include custom oak cabinetry, a pantry, polished concrete counters, and a wall of windows overlooking the picturesque backyard. The primary suite, spacious and inviting, opens to a covered patio. The en-suite bath offers a luxurious experience with a "curved wall" shower featuring glass brick accents, a large garden tub, two separate vanities, and a generous closet. A second bedroom on the first floor provides convenience with a full bath and double closet. Ascend the attractive curved stairwell to discover a second level with a partial loft, featuring an iron railing and wood banister for a dynamic view of the downstairs and backyard. The second level boasts a sizable living area with a built-in bar, a bedroom with an attached bath, and a large closet. This meticulously designed home encompasses a bedrooms and 3.5 bathrooms, with a half bath conveniently connecting the interior to the patio and backyard. Additional amenities include a 3-car garage, utility room with a sink, water softener, and a sprinkler system. The large concrete driveway enhances accessibility to the front of the home. Situated on the outskirts of Beeville, Fairway Ridge offers a picturesque location for an exceptional living experience.; Original MLS#: 112926; Appliances: Icemaker; Deed Restrictions: ; Features: Porch-Covered, Sunken Tub; Gas Co: Reliant; Home Warranty: No; Land Dimensions: 1 acre; Property Condition: Good; Property Exclusions: TV in entertainment area; Room List: Kitchen/Dining, Living/Dining, Study/Library; Septic Size: 1000; Water District: No; Water Heater: Electric; Water Heater Gal: 40; Windows: Double Hung; Zoning: Residential
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017