672 Fairway Drive
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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by Keller Williams Realty Northeast | $187,000 | |
| Listed by Keller Williams Realty Northeast | |||
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Discover endless possibilities with this prime commercial tract, ideal for building your dream home or developing the perfect commercial venture! Nestled in a highly desirable location, this property offers *low taxes* and **no MUD**, making it an exceptional investment opportunity. Don't miss the video attached to the listing for a closer look! The motivated seller is ready to consider any reasonable offer, so act fast and make this property yours today!
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| Jun 17, 2024 | No longer available | - | |
| No longer available | |||
| Dec 6, 2023 | Listed by Keller Williams Realty Northeast | $233,000 | |
| Listed by Keller Williams Realty Northeast | |||
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This is a commercial tract that can be used to build a dream home or develop into a commercial venture. Please see the video attached to this listing. Low taxes, no MUD, make this desirable property yours. The seller is serious and will consider any reasonable offer.
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Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Roman Forest
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,450 /mo
- 2 Beds
- 1 Bath
- 870 ft²
$2,200 /mo
- 4 Beds
- 2 Baths
- 2,592 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017