306 Fairlane 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 |
|---|---|---|---|
| Sep 7, 2017 | Sold | ||
| Sold | |||
| Jul 13, 2017 | Listed | $159,900 | |
| Listed | |||
| | |||
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SHORT SALE!!! Got Kids With Allergies?? Take a close look!! VERY-Well-Kept 3 Bedroom, 2 Bath Raised Ranch!! Updated Windows!! New Insulation In Attic = LOW Utility Bills!!! NEW Tankless Water Heater!! New Water Softener!! Newer VENTED Glass Block Windows in Lower Level!! Huge Storage/Laundry Area!! Nice-Sized Family Room In Lower Level. Gas Line For Fireplace in Family Room!! Interior Sump On Battery Back-Up!! EXTERIOR Sump Pump Too!!! Large 2 1/2 Car Garage!! Above-Ground Pool (w/All Equipment) Has Circular Deck Extension From Nice-Sized Main Deck For Summer Fun!!! (Pool Is Now Winterized!) THIS IS A SHORT-SALE!!!!! The manager has listed the unit size as 1872 square feet.
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| Nov 13, 2016 | Listed by Coldwell Banker The Real Estate Group | $159,900 | |
| Listed by Coldwell Banker The Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017