5814 Fairway Manor Lane
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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%.
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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 |
|---|---|---|---|
| Oct 12, 2022 | Sold | ||
| Sold | |||
| Sep 13, 2022 | Listed by RE/MAX Universal | $550,000 | |
| Listed by RE/MAX Universal | |||
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It shows like a model home! Two-story five-bedroom home with upgrades at every turn. Living area with a two-story ceiling & a wall of tall windows and arches; your own Villa. Study w/French glass doors. Cozy three-sided mock fireplace in kitchen, breakfast, & living. Updated island kitchen, gas cooktop, Quartz counters, glass backsplash, soft color theme, crown molding, soft close drawers/cabinets, & 6-inch baseboards. Oversized primary suite w/sitting area & en-suite bath with recent barn doors, soaking tub, separate walk-in shower w/bench & floor-to-ceiling tile, large walk-in closet w/custom built-ins. Game room upstairs. Energy Efficient home. Gated iron driveway access, porte cochere, & additional parking. 13K +/ 80 ft. lot. Serene rock waterfall heated pool/spa, surrounded by extensive greenbelt. Palm trees are your daily backdrop. Cypresswood Golf Course Community has two pools, walking trails, a clubhouse, a pavilion, & multiple playgrounds, & it is close to Bush Intl Airport.
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About Cypresswood Green
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017