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275 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 |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Jan 20, 2025 | Listed by REDFIN | $525,000 | |
| Listed by REDFIN | |||
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Charming Bavarian-Style Cabin with Lake Rights. Nestled in the serene community of Twin Peaks, this enchanting Bavarian-style cabin combines rustic charm with modern updates. Head inside to find open-beamed ceilings that add character and warmth, perfectly complemented by a stone fireplace. The updated kitchen designed for convenience and style. Enjoy the outdoors on the newer wrap-around Trex deck, ideal for relaxing or entertaining while taking in the tranquil mountain surroundings. Additional features include dual-paned windows for energy efficiency and a flat concrete parking pad for easy access. With coveted Lake Rights and a peaceful location, this cabin offers the perfect getaway or year-round retreat. Don’t miss your chance to own this mountain gem!
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 26, 2021 | Sold | ||
| Sold | |||
| Mar 6, 2021 | In contract | - | |
| In contract | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017