2506 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 |
|---|---|---|---|
| Jul 15, 2022 | Sold | ||
| Sold | |||
| May 12, 2022 | Listed by Century 21 Affiliated | $189,900 | |
| Listed by Century 21 Affiliated | |||
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Step inside this fantastic ranch style home! This home features 3 generous sized bedrooms, and plenty of storage space. The large front window lets in plenty of natural light, while the bright and open kitchen give views to your spacious backyard. Oversized one car garage, and completely fenced in! Updates include: wood laminate floors throughout most of the home (2017), water heater (2016), roof (2015). Conveniently located near shopping and dining, while being mere minutes away from Inwood golf course, and Joliet Memorial Stadium.
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| Aug 20, 2015 | Sold | ||
| Sold | |||
| Jun 20, 2015 | Listed by Coldwell Banker Honig-Bell | $99,900 | |
| Listed by Coldwell Banker Honig-Bell | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017