27 Fair Way
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 |
|---|---|---|---|
| Jan 11, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2023 | Listed by Houlihan Lawrence Inc. | $440,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| | |||
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Welcome to this meticulously maintained and beautifully updated ranch home nestled in the Spackenkill Hagantown neighborhood. A true gem kept by the original owner. With its prime location on a tranquil dead-end street and bordering the Casperkill Golf Course, this property offers a rare combination of serenity and convenience. As you approach the home, you'll be immediately impressed by its professional landscaping and beautiful curb appeal showcasing the pride of ownership that defines this residence. Step through the front door and into the heart of the home, where you'll discover a renovated granite kitchen that is both functional and aesthetically pleasing. The kitchen seamlessly flows into the sun-filled family room, which boasts abundant natural light and serves as the perfect space to unwind and enjoy the picturesque view. The home offers nicely updated bathrooms, gleaming hard wood floors, central air for summer comfort. One of the standout features of this home is its peaceful location. Situated on a quiet dead-end street, you can escape the hustle and bustle of everyday life and relish the tranquility this home offers. Yet, despite its peaceful surroundings, you're just moments away from all the amenities you could desire. Conveniently close to shopping, schools, hospitals, train stations, and more, you'll have everything you need within easy reach. For those who appreciate the natural beauty of the Hudson Valley, this home is perfectly situated to take advantage of all it has to offer. Enjoy culinary experiences at local restaurants, explore hiking and biking trails, and bask in the scenic wonders of the region including the Walkway Over the Hudson. Living here means having access to a rich array of leisure and recreational opportunities right at your doorstep. Don't miss the opportunity to make this your dream home in the Hudson Valley.
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| Sep 20, 2023 | Listed by Houlihan Lawrence Inc. | $440,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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About Spackenkill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017