2229-2231 Fairway Drive
About This Property
This Duplex lot offers location and the perfect spot for your next project. Stop by today and check out the many advantages this land has to offer.
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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 |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Mar 9, 2026 | Price Decreased |
$55,000
↓ $4K
(6.8%) | |
| Price Decreased | |||
| Feb 5, 2026 | Listed by Hustle Bees Realty LLC | $59,000 | |
| Listed by Hustle Bees Realty LLC | |||
Property Highlights
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About Westminister
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017