224 S Fairway Drive
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%.
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 25, 2018 | No longer available | - | |
| No longer available | |||
| Aug 24, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | Listed | $210,000 | |
| Listed | |||
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This is a great value for LAKE RIGHTS! Located across the street from the Lake Arrowhead Country Club golf course is this Gem. Peek of golf course. Access road is maintained through the tax roll. Pull up to the home with parking for two cars and just a few steps to the front door. Bedroom on the main level. Beamed ceilings and tongue and groove in living room, french doors that lead out to the back deck. Two bedrooms and bathroom upstairs with vaulted ceilings in both bedrooms. This is such a great value for lake rights! The manager has listed the unit size as 1248 square feet.
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| Jul 5, 2018 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $210,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
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To see this home you must make an appointment with your agent. This is a great value for LAKE RIGHTS! Located across the street from the Lake Arrowhead Country Club golf course is this Gem. Access road is maintained through tax roll. Pull up to home with parking for two cars and just a few steps to front door. Bedroom on the main level. Beamed ceilings and tongue and groove in living room, french doors that lead out to the back deck. Peek of the golf course. Open kitchen. Two bedrooms and bathroom upstairs with vaulted ceilings in both bedrooms. This is such a great value for lake rights, the seller is ready to get it sold.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017