3422 SE Fairway W
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 |
|---|---|---|---|
| Jun 4, 2026 | Sold | ||
| Sold | |||
| May 27, 2026 | In contract | - | |
| In contract | |||
| May 4, 2026 | Price Decreased |
$1,725,000
↓ $125K
(6.8%) | |
| Price Decreased | |||
| Dec 10, 2025 | Price Decreased |
$1,850,000
↓ $141K
(7.1%) | |
| Price Decreased | |||
| Jul 17, 2025 | Listed by Illustrated Properties/Hobe So | $1,990,800 | |
| Listed by Illustrated Properties/Hobe So | |||
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Recently refined pricing to align with current market conditions—seller is motivated and invites discerning, qualified buyers to present offers. Welcome HOME to your 3-bdrm 3-bath waterfront house with PRIVATE DOCK located in the beautiful, guard-gated Stuart Yacht & Country Club. 30,000 lb boat lift with newer Seawall cap and tiebacks-2019. Direct canal access, this residence blends luxury living with effortless coastal charm. Designer chef's kitchen boasts custom cabinetry, Thermidor 6-burner gas range & wall oven,wine fridge and NEWER S/S fridge, dishwasher & microwave. Airy and open living area perfect for entertaining or just relaxing, IMPACT glass window's/sliders throughout. This community has it all-Clubhouse, Golf, Tennis, Pickleball, Bocce, Croquet, Fitness Center and Yacht Club!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017