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Map
4891 Fairview Drive
About This Property
Tile roof and A/C were replaced in 2006. Small boat dock in back of the property. Rock landscaping.Sold as is. Make this little piece of paradise your home!
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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 |
|---|---|---|---|
| Jan 22, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Listed by Century 21 Ocean | $950,000 | |
| Listed by Century 21 Ocean | |||
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Welcome to 4891 Fairview Drive. This beautiful home, completely remodeled in 2019, boasts modern updates and breathtaking views. Positioned nicely on a wide, deep water canal facing west, showcasing amazing sunsets, manatees playing, and dolphins jumping. All can be enjoyed from the 2021 40' seawall and boat dock, equipped with an 11,000 lb lift and fits up to 28' vessel. Inside you will find an open concept kitchen/living area perfect for entertaining. All upgrades are 2019 or newer including appliances, HVAC and duct work, eletrical, plumbing, impact windows and sliders. Garage is thoughtfully climate controlled making this a great bonus space for a gym, workshop, office, or storage. Oversized paver driveway for plenty of parking for your guests, including space for an RV equipped with a 30AMP hookup. Quick walk to the beach, shopping, and restaurants. Orlando International Airport only 45 minutes away. This home offers a true coastal living experience with many thoughtful upgrades.
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| Jan 23, 2019 | Sold | ||
| Sold | |||
| Nov 1, 2018 | Listed by RE/MAX Aerospace Realty | $399,900 | |
| Listed by RE/MAX Aerospace Realty | |||
Property Highlights
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About Venetian Way
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017