2819 Fairway 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 11, 2023 | Sold | ||
| Sold | |||
| Aug 10, 2023 | Listed by RE/MAX Fine Properties | $675,000 | |
| Listed by RE/MAX Fine Properties | |||
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Welcome to Magnolia Maison! Discover the charm of this tastefully updated 4 bedroom, 3.5 bath home nestled in the desirable Sugar Creek neighborhood. This 1.5 story ~3,380 sq. ft. home combines classic design with modern amenities, creating an ideal sanctuary for those looking for best of both worlds. The selectively open, high ceiling main living space offers a perfect setting for gatherings and everyday living. The large, functional kitchen includes custom cabinetry from floor to ceiling as well as brand new appliances. The home includes a perfectly situated home office, full of natural light. Enjoy a spacious primary suite featuring an oversized bedroom, custom designed bathroom and substantial closet space for both his and hers. Upstairs you will find a functional game room leading to the private guest suite with full bath/ walk-in closet. Step outside to the new artificial turf backyard, a low maintenance oasis to enjoy the outdoors, and an additional enclosed outdoor shop space.
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| Mar 31, 2023 | Sold | ||
| Sold | |||
| Feb 13, 2023 | Listed by Greg Bennett Fine Properties | $378,500 | |
| Listed by Greg Bennett Fine Properties | |||
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About Sugar Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017