20614 Fairway Meadow Lane
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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 |
|---|---|---|---|
| May 5, 2023 | Sold | ||
| Sold | |||
| Oct 20, 2022 | Listed by RE/MAX Integrity | $375,000 | |
| Listed by RE/MAX Integrity | |||
| Feb 17, 2021 | Sold | ||
| Sold | |||
| Dec 10, 2020 | Listed by Steel Door Realty | $347,500 | |
| Listed by Steel Door Realty | |||
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This stunning one story home on the Golf Course with a lake view is the perfect place to call home. 20614 Fairway Meadow features a nice open floorpan with three bedrooms, two baths, large dining and views most dream about. This home does not have any carpet, exquisite millwork throughout and a covered flagstone patio with stunning landscaping and wrought iron fence with access to the golf course.
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About Pinelakes Promenade
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017