6118 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 |
|---|---|---|---|
| Aug 18, 2022 | Sold | ||
| Sold | |||
| Jun 30, 2022 | Listed by eXp Realty, LLC | $329,999 | |
| Listed by eXp Realty, LLC | |||
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Great open floor plan in one of the most spacious homes in the neighborhood. Formal living and dining with a huge upstairs media/game room that can also be a fifth bedroom. Close to the neighborhood pool and the lake, very well maintained, and easy access to 1960 for your commute. Update wood-look porcelain tile throughout the first floor and a large open kitchen with plenty of granite counter space. Huge back yard that overlooks a greenbelt and the neighborhood lake, so no rear neighbors. Very well cared for and maintained and ready for immediate move-in.
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About Cypresswood Green
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017