28 Fairlane Drive
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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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Keller Williams Points North | $539,999 | |
| Listed by Keller Williams Points North | |||
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Discover your dream home nestled in the vibrant heart of Selden. This beautiful property has 4 bedrooms, 1 and half baths and a 1 car attached garage. Experience seamless living with an inviting entryway that flows into the living room with a vaulted ceiling, full dining room, updated eat in kitchen with granite countertop and energy star appliances. There is also a den complete with a door that reveals an outdoor oasis that is very spacious and perfect for serene enjoyment or entertaining guests. This wonderfully maintained residence is an exceptional find in Selden.
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| Aug 26, 2002 | Sold | ||
| Sold | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017