38 Fairway Place
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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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| Jun 1, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by Signature Premier Properties | $1,575,000 | |
| Listed by Signature Premier Properties | |||
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Welcome to this warm and inviting home in the heart of Cold Spring Harbor. Located on a quiet tree lined street a few blocks from SD#2 Cold Spring Harbor Jr./Sr. High school. A stone's throw from Main Street with Village shops, Restaurants, Library, Waterfront parks, Hiking trails and much more to enjoy. A boaters delight with Marina near by and Eagle Dock Beach mooring rights. Two-story foyer with skylight welcomes you to a sun-soaked interior. Oversized windows in the Formal living & dining rooms allow for natural light to cascade throughout the home. Gourmet Eat in kitchen with high end appliances, granite countertops, a large center island, as well as breakfast nook. Gorgeous hardwood floors throughout. Wood burning fireplace in the comfortably spacious family room, with sliding glass doors to the back deck and flat manicured yard. Off the foyer you will find a perfect room for a home office or guest bedroom with a second fireplace. Primary bedroom is on main level with walk-in closets, Ensuite standup shower, and jacuzzi tub makes for a spa like atmosphere. Second floor has 3 bedrooms 1 full bath. Closets are deep with plenty of storage space. Unfinished attic is expansive and has lots of potential to be built out. Full finished basement allows easy access to the home through large 3 car garage. Pristine landscaping makes the backyard a private paradise great for entertaining. Nearby Eagle Dock Beach, kayak storage, and Mooring rights.(Dues req'd)
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| Sep 7, 2013 | Sold | ||
| Sold | |||
| Jul 19, 2013 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017