306 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 |
|---|---|---|---|
| Nov 5, 2024 | Sold | ||
| Sold | |||
| Aug 29, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by Daniel Gale Sothebys Intl Rlty | $829,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Discover your dream home in the sought-after Great Rock Estates community in Wading River! This stunning four-bedroom, 2.5-bath home sits on a spacious half-acre lot and features numerous recent updates. The upstairs bath has been fully renovated, and the kitchen boasts stainless steel appliances and granite counters. The newly installed roof, owned solar panels and heat pump offer energy efficiency and long-term savings. Step outside to your private oasis, complete with a fully fenced, private backyard on the 18th hole of The Rock Golf Club, with an saltwater in-ground pool. The expansive Trex deck and gazebo are perfect for entertaining. This home offers comfort, style, and sustainability. Schedule your viewing today!
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| Jun 5, 2003 | Sold | ||
| Sold | |||
| Jan 3, 2000 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017