312 FAIRLAKE Circle
About This Property
The interior offers vinyl flooring in the main living areas, with carpeted bedrooms and cozy sitting area for added comfort or make into a third bedroom or office space.The home is beyond clean, showcasing pride of ownership at every turn.
Step outside to a lush, tropical landscape filled with vibrant trees and plants that are beautifully illuminated at night, creating a stunning outdoor ambiance. Enjoy peaceful water views overlooking the pond, adding a serene setting. Community amenities include a sparkling pool, fully equipped gym, community garden, pickleball and tennis courts, a firepit area, and a welcoming clubhouse. The neighborhood provides a secure, gated environment with beautifully maintained grounds and an active, friendly atmosphere.
This property offers comfort, convenience, and a resort-style living in one of the most desirable 55+ communities. This beauty is move in ready to go and will sell fast! Schedule your private showing before it's gone!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017