3448 Fairway Dr
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 |
|---|---|---|---|
| Jan 7, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Listed by Compass | $675,000 | |
| Listed by Compass | |||
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Welcome to this adorable 2-bedroom home, nestled in the wonderful Brookside neighborhood known for its strong sense of community. Boasting a spacious, private backyard with potential for an ADU—perfect for entertaining, gardening, or just relaxing—this home is the ideal retreat. This home offers the perfect blend of comfort and convenience. Located near the 125 and 94 freeway and less than 2 miles from vibrant Downtown La Mesa, you’ll have quick access to local shops, restaurants, and entertainment. Plus, you can enjoy the La Mesa Farmers Market every Friday—just a short drive away! You will have peace of mind with a newer roof, hvac, water heater, and dual pane windows. Don't miss this opportunity!
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 23, 2021 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017