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271 FAREHAM DRIVE
About This Property
You can easily expand your living space outdoors with your double sliding glass doors in the living room to your private Florida oasis! Enjoy both the sun and shade with a large 12' x 7' covered lanai, and an expansive, screened 25' x 10' area where you can enjoy your morning cup of coffee and gathering with friends...of all this plus a brand new (2026) brick paver patio in your backyard-- all surrounded by the privacy of the preserve--truly paradise! There is plenty of room inside with the "split" bedroom layout--the primary suite is separate with a spacious bedroom with a large walk-in closet, easy to maintain new laminate flooring & an ensuite bathroom with dual sinks, tile flooring, private water closet and linen closet . On the opposite end of the home, there are 2 bedrooms and the guest bathroom--both bedrooms feature sizable closets, upgraded lighted fans, and the same new laminate flooring. The guest bathroom provides optimal space for your guests with ample cabinet and counter space, upgraded vanity lighting, and a shower/tub combo. Lets not forget the laundry room with cabinets, TWO additional storage closets, and access to the two-car garage. Enjoy the peace of mind and savings of hurricane shutters and the property is located in an 'X flood zone'...all you could ever want plus more! Don't wait, come live the Florida dream! Located just minutes from Plantation Golf & Country Club, Wellen Park, beaches, quaint shopping, restaurants, easy access to I-75 and so much more! Come see this immaculate home for yourself!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Price Decreased |
$369,900
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Mar 21, 2026 | Price Decreased |
$379,900
↓ $8K
(1.9%) | |
| Price Decreased | |||
| Feb 26, 2026 | Price Decreased |
$387,400
↓ $13K
(3.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017