372 FAIRFIELD DRIVE
About This Property
The bright and open layout flows seamlessly from the living area to the designer kitchen, complete with white shaker cabinets, sleek black fixtures, quartz counters, and stainless steel appliances. Both bathrooms feel like something out of a boutique hotel with elegant tile work, matte black hardware, and stylish vanities. The spacious primary suite features vaulted ceilings and generous windows that let in tons of natural light.
Step outside to a large backyard with plenty of room for a pool, garden, or just enjoying Florida sunshine with friends and family. Conveniently located near historic downtown Sanford, the Riverwalk, shopping, dining, and major highways, you're minutes from everything while still tucked away in a peaceful neighborhood.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 4, 2026 | Sold | ||
| Sold | |||
| Dec 19, 2025 | In contract | - | |
| In contract | |||
| Dec 11, 2025 | Price Decreased |
$394,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Nov 12, 2025 | Price Decreased |
$399,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Oct 18, 2025 | Listed by ACME REAL ESTATE FLORIDA LLC | $409,900 | |
| Listed by ACME REAL ESTATE FLORIDA LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017