3 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 28, 2014 | Sold | ||
| Sold | |||
| May 2, 2013 | Listed by StartPoint Realty | $309,900 | |
| Listed by StartPoint Realty | |||
| | |||
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BETTER THEN NEW! Completely redone. 5.29 acre lot in a small neighborhood cul de sac. An Amazing must see master bedroom with a fireplaced sitting area. Radiant heat in kitchen and master bedroom. New windows, new kitchen and huge family room for entertaining. Brick patio and front walkway. Potential horse property. Country living at it's best. Must See!!!!!! What a value 3154 square feet at this Price!!!
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| Oct 4, 2012 | Sold | ||
| Sold | |||
| Jul 17, 2012 | Sold | ||
| Sold | |||
| Oct 17, 2011 | Listed by MRM Associates | $249,900 | |
| Listed by MRM Associates | |||
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Address: 335 Madison Avenue, New York, NY 10017