450 FAIRWAYS CIRCLE #A101
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%.
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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 3, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| Apr 28, 2025 | Listed by REMAX/PREMIER REALTY | $167,000 | |
| Listed by REMAX/PREMIER REALTY | |||
| Jul 29, 2021 | Sold | ||
| Sold | |||
| Jul 7, 2021 | Listed by BERKSHIRE HATHAWAY HOMETEAM | $89,500 | |
| Listed by BERKSHIRE HATHAWAY HOMETEAM | |||
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Updated first floor condo, right on the golf course!!! Would make a great full time home, winter getaway or rental property! The unit was originally a 3 Bedroom but 3rd Bedroom has been converted to an open flex space. Great for home office, exercise room or den. The 2 bedroom 2 bath unit features an updated kitchen which includes refrigerator, range, dishwasher, and stackable washer/dryer. Beautiful low maintenance tile flooring throughout with carpet in the bedrooms and neutral paint colors. Great location, close to shopping, medical and public transportation available in the area. Access to association pool to cool off on warm days! Water, sewer, trash and lawn maintenance included in monthly hoa fee.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/28/2025
|
2 Bed
|
2 Bath
|
1029 ft²
|
$167,000
2 Bed
2 Bath
1029 ft²
|
$155,000
-7.19%
06/03/2025
|
Luke Lippert
RE/MAX PREMIER REALTY
| |
|
03/06/2024
|
3 Bed
|
2 Bath
|
1029 ft²
|
$182,500
3 Bed
2 Bath
1029 ft²
|
$167,500
-8.22%
06/07/2024
|
Courtney Moody
NextHome Professional Realty
| |
|
09/03/2022
|
3 Bed
|
2 Bath
|
1029 ft²
|
$156,999
3 Bed
2 Bath
1029 ft²
|
-
-
|
Alcides Martinez
FUTURE HOME REALTY INC
| |
|
07/07/2021
|
2 Bed
|
2 Bath
|
1029 ft²
|
$89,500
2 Bed
2 Bath
1029 ft²
|
$93,000
+3.91%
07/29/2021
|
Courtney Moody
NextHome Professional Realty
| |
|
11/20/2019
|
2 Bed
|
2 Bath
|
1029 ft²
|
$59,900
2 Bed
2 Bath
1029 ft²
|
-
-
|
-
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017