2201 Fuzz Fairway
About This Property
This recently renovated home boasts an array of sophisticated upgrades. The kitchen and bathrooms feature stunning brand-new quartz countertops, while new dual-pane energy-efficient windows ensure comfort and savings. Modern fixtures, 2" cordless blinds throughout, a new roof, and a fresh coat of paint add to the home's impeccable appeal.
Situated on an oversized lot adorned with mature trees, the property includes a covered patio perfect for enjoying tranquil evenings. Whether you're a small family seeking a welcoming residence or an investor eyeing potential growth, this home offers an excellent opportunity.
To further enhance the appeal, the seller is offering a 2/1 interest rate buydown for a full-price offer. This exceptional program allows you to save upto $500 per month during the first year and upto $250 per month during the second year, with actual savings varying based on credit approval.
Discover the perfect blend of convenience, elegance, and potential at 2201 Fuzz Fairway.
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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 12, 2024 | In contract | - | |
| In contract | |||
| Jul 5, 2024 | Price Decreased |
$425,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| May 31, 2024 | Listed by Dash Realty | $429,900 | |
| Listed by Dash Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017