4526 Fairhaven Drive W
About This Property
The Caldwell plan by Fortner Homes offers 2,244 square feet of farmhouse-inspired new construction in Bellingham, one of Wilson's newest communities. A vaulted living room opens to the kitchen, where an oversized island and a fireplace with detailed trim work and a classic wood mantle establish a space that is as architectural as it is functional. The primary suite is spacious and sun-filled, complemented by a covered back patio that brings outdoor living into the everyday. Upstairs, a generous bonus room, fourth bedroom, and full bath deliver flexible space for guests, a home office, or a dedicated creative studio. Set on 0.32 acres minutes from Heritage Crossing, this four-bedroom, three-bath home offers the refinement of new construction with a location that keeps everyday life close.
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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 8, 2026 | Sold | ||
| Sold | |||
| Jun 5, 2026 | In contract | - | |
| In contract | |||
| Apr 28, 2026 | Listed by Compass -- Raleigh | $409,900 | |
| Listed by Compass -- Raleigh | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017