24 Fairway Dr
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 |
|---|---|---|---|
| Dec 11, 2020 | Sold | ||
| Sold | |||
| Oct 29, 2020 | Listed by ERA Key-Morrison | $485,000 | |
| Listed by ERA Key-Morrison | |||
| Aug 19, 2011 | Sold | ||
| Sold | |||
| Oct 23, 2010 | Listed by ERA Key-Morrison | $349,000 | |
| Listed by ERA Key-Morrison | |||
| Apr 2, 2010 | Listed | $439,900 | |
| Listed | |||
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Handsome open concept Colonial with all the "Wow" features! Fabulous updated kit has everything on a goumet's wish list including having your morning coffee on the adjoining deck overlooking lush greenery. Warm hdwd flooring, lg windows thruout for max sunshine & fresh air, dramatic marble fireplaced LR. Romantic mstr suite w/it's own gas fireplace, maple flrs, palladium window & private bath. Spectacular LL familyrm just made for entertaining & family memories, southern exposure & great views
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