2881 SE FAIRWAY WEST
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 |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Price Decreased |
$799,900
↓ $25K
(3%) | |
| Price Decreased | |||
| Feb 18, 2025 | Price Increased |
$825,000
↑ $25K
(3.1%) | |
| Price Increased | |||
| Jan 30, 2025 | Listed by RE/MAX of Stuart | $799,900 | |
| Listed by RE/MAX of Stuart | |||
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Experience life in this 4-bedroom, 3-full bath CBS pool home on the 16th Fairway of the Stuart Yacht & Country Club. This home has been updated and maintained. Key features include: New Roof 2024, New Gutters 2024, Newer AC 2022, Impact Windows 2018. Residents appreciate YCC for its spacious lots and unique homes. This all-ages, gated community allows pets and trucks. There is on-site storage available for boats and RVs. Club membership is optional and offers various types, including swimming, tennis, pickleball, a workout center, dining at the clubhouse, and social activities. Golf and boating memberships are also available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017