222 Audubon Drive
About This Property
Outstanding opportunity to own one of the adorable Fairway's free standing cottages! If you have been looking for fabulous water views, privacy, expansive outdoor space, ONE LEVEL and no shared walls! This cozy cottage is surrounded by mature trees, 2 fountains and boasts a screened-in porch, oversized outdoor deck overlooking lake and fountains PLUS a dock on the lake! New roof in 2024, updated kitchen and baths,offered fully furnished and ready to enjoy or rent. Golf cart parking/charging right out front and a HUGE attached storage shed included. The newly constructed community pool is just down the road!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Oct 20, 2025 | Price Decreased |
$675,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Aug 4, 2025 | Price Decreased |
$695,000
↓ $30K
(4.1%) | |
| Price Decreased | |||
| May 3, 2025 | Listed by Rock-It Real Estate | $725,000 | |
| Listed by Rock-It Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017