521 FATIO Lane
About This Property
The main living areas feature hardwood flooring and abundant natural light, flowing into a fully updated kitchen with quartz countertops, custom cabinetry, a black sink, and newer fixtures. The main level includes three bedrooms with LVP flooring and two fully renovated bathrooms, both taken down to the studs with raised ceilings and updated finishes. One of the bedrooms functions as a second primary suite, complete with a renovated bathroom and an added second closet.
A private bungalow-style suite with its own entrance off the pool deck serves as the 5th bedroom and full bath, ideal for guests, extended family, or a separate living space.
Upstairs, the primary suite offers a loft-style layout with room for a king-sized bed, workspace, and additional furnishings, along with a walk-in closet and a beautifully updated bathroom featuring new flooring, a soaking tub, dual vanities, and a custom walk-in shower.
Additional living space includes a sunroom with new glass that opens to the brand-new enclosed lanai, creating seamless indoor-outdoor living. The backyard is spacious and private, complete with a paver patio, gazebo, fire pit, and pool with a new pump and WiFi controller.
Major updates include interior and exterior paint (2021), new gutters (2022), new front door (2024), new interior doors (2024), updated stairwell balusters (2023), new lighting and ceiling fans throughout (2021-2025), a new water heater (2023), garage Shark coating with stained driveway (2021), and a storage shed (2021).
Conveniently located near Doctors Lake, with a new kayak launch just three blocks away at Nelson Park, and close to the heart of town with easy access to shopping, dining, medical facilities, and highly rated Clay County schools.
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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 |
|---|---|---|---|
| May 18, 2026 | Sold | ||
| Sold | |||
| Apr 19, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Listed by COLDWELL BANKER VANGUARD REALTY | $579,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Jun 7, 2021 | Sold | ||
| Sold | |||
| Apr 16, 2021 | Listed by COLDWELL BANKER VANGUARD REALTY | $450,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017