5 Fairway Road
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 |
|---|---|---|---|
| Sep 22, 2018 | No longer available | - | |
| No longer available | |||
| Sep 20, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | Listed | $345,000 | |
| Listed | |||
| | |||
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Here you will find a truly attractive choice in a beautiful setting offering a fully improved interior with a spacious yard and a lovely low maintenance deck on which to enjoy getting together with friends and family. The kitchen has been totally upgraded along with all new flooring throughout and a finished basement providing office/study space, a large family room and a separate storage/work-shop area with direct access to the driveway. Come on by to see the complete product and you will be happy you did. The manager has listed the unit size as 1572 square feet.
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| Jul 29, 2018 | Listed by Keller Williams Gateway Realty/Salem | $345,000 | |
| Listed by Keller Williams Gateway Realty/Salem | |||
| May 1, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017