46 FAIRLAKE Circle
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 24, 2025 | Sold | ||
| Sold | |||
| Dec 17, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Price Decreased |
$361,000
↓ $45K
(11.2%) | |
| Price Decreased | |||
| Oct 14, 2024 | Listed by PULTE REALTY OF NORTH FLORIDA, LLC. | $406,440 | |
| Listed by PULTE REALTY OF NORTH FLORIDA, LLC. | |||
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The new construction single-story Contour home design showcases our Craftsman Exterior with 2 Bedrooms, 2 Bathrooms, 2-Car Garage, and tons of Storage throughout. Entertain friends and family in a beautiful Gourmet Kitchen with Built-In Stainless Steel Whirlpool Appliances, White Cabinets accented with a White Subway Tile Backsplash and Quartz Countertops. Beyond the Kitchen is cozy Café and spacious Gathering Room that leads to your Screened-In Covered Lanai with Patio Extension and Luxury Vinyl Plank Flooring throughout the main living areas. Just off the Gathering Room is the Owner's Suite with an En Suite Bathroom that features a Dual-Sink Vanity with Soft Close Stone Gray Cabinets, Quartz Countertops, Walk-In Glass Enclosed Shower, private Water Closet, and Walk-In Closet. Summer Bay at Grand Oaks is an exclusive active adult community that is located minutes away from Historical Downtown St. Augustine and a variety of shopping and dining.
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| Oct 11, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017