563 Fairway View Drive #2F
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 |
|---|---|---|---|
| Aug 26, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 16, 2024 | Listed | $169,900 | |
| Listed | |||
| | |||
|
Buyers's financing fell through so we are back on the market. This is a spacious 2-bedroom, 1.1-bathroom apartment located on the 2nd floor. The unit boasts large rooms that provide ample living space, making it perfect for comfortable living and entertaining. The entire apartment has been freshly painted, giving it a clean, modern look. Convenience is key with laundry facilities located on the same level, ensuring easy access for all your laundry needs. The complex offers plenty of parking, so you'll never have to worry about finding a spot. It's conveniently located near shopping centers and restaurants, providing easy access to all your daily needs and dining options. Additionally, the complex features a swimming pool, perfect for relaxing and enjoying the warm weather. This apartment offers a perfect blend of style, functionality, and convenience. No rentals, rental cap reached. AS-IS.
| |||
| Jun 15, 2024 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/06/2025
|
1 Bed
|
1 Bath
|
800 ft²
|
$153,900
1 Bed
1 Bath
800 ft²
|
$150,000
-2.53%
04/30/2025
|
Egle Vasiliauskiene
Amber Realty Inc.
| |
|
09/13/2024
|
1 Bed
|
1 Bath
|
800 ft²
|
$139,900
1 Bed
1 Bath
800 ft²
|
$135,000
-3.50%
10/03/2024
|
Svetlana Gilman
Barr Agency, Inc
| |
|
05/31/2024
|
2 Bed
|
2 Bath
|
900 ft²
|
$167,500
2 Bed
2 Bath
900 ft²
|
-
-
|
Olesya Tolstoy
Tolstoy Realty
| |
|
06/13/2022
|
1 Bed
|
2 Bath
|
775 ft²
|
$105,000
1 Bed
2 Bath
775 ft²
|
$95,000
-9.52%
08/29/2022
|
Eleonora Pasmanik
Core Realty & Investments, Inc
| |
|
07/15/2021
|
2 Bed
|
2 Bath
|
-
|
$134,900
2 Bed
2 Bath
|
-
-
|
Olesya Tolstoy
Tolstoy Realty
| |
|
07/23/2020
|
2 Bed
|
2 Bath
|
-
|
$129,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
04/17/2019
|
1 Bed
|
1 Bath
|
-
|
$93,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
03/11/2017
|
1 Bed
|
1 Bath
|
-
|
$69,900
1 Bed
1 Bath
|
$68,000
-2.72%
04/14/2017
|
Nona Lisitza
RE/MAX United
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017