3425 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 19, 2021 | In contract | - | |
| In contract | |||
| May 6, 2021 | Listed | $549,900 | |
| Listed | |||
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Welcome home to this remodeled La Mesa single story located in the golf neighborhood. As you enter you will gaze upon a light and bright open floor plan with an abundance of windows bathing the interior in natural light. The living room, dining area and kitchen flow seamlessly together creating an airy atmosphere that feels larger than the actual square footage. The kitchen features crisp, white cabinetry, granite counters and backsplash and a pantry. Both bathrooms have been upgraded with modern flair. Stunning luxury vinyl plank flooring and recessed lighting is found throughout this beauty. The manager has listed the unit size as 814 square feet.
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| Apr 30, 2012 | Sold | ||
| Sold | |||
| Jan 30, 2012 | Listed by First Team Real Estate | $214,000 | |
| Listed by First Team Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017