26095 Fairlane 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 12, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Price Decreased |
$375,000
↓ $35K
(8.5%) | |
| Price Decreased | |||
| Jun 4, 2025 | Listed by Coldwell Banker Realty | $410,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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This lovely three bedroom, two bathroom home is located in the 55+ Sun City community. The home has been lovingly maintained. The living room greets you upon entry. There is an open kitchen and dining room at the back. The primary bedroom and one guest room are off of the hall and the third bedroom is at the back of the home. The kitchen boasts granite counter tops and modern appliances. The expansive patio is just outside of the dining area with an additional door off of the third bedroom. There are outdoor sheds for additional storage. The property includes a fenced backyard, offering a private outdoor area for relaxation or entertainment. The roof was replaced in 2021 and the HVAC in 2023. The water wise landscaping accents the property with outdoor color designed for the dry weather. The Sun City community provides access to a range of amenities, including walking trails, recreational facilities, including pool and spa, billiards, lawn bowling, pickleball, horseshoe pits, meeting rooms, and many clubs and social events, catering to a variety of lifestyle preferences.
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| Aug 28, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017