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7 Fairway Drive
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Price Decreased |
$799,900
↓ $50K
(5.9%) | |
| Price Decreased | |||
| May 19, 2025 | Listed | $849,900 | |
| Listed | |||
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DEADLINE FOR OFFERS: 06/10/2025 AT 5:00PM. Elegant Contemporary, Raised Ranch home located on Cul de Sac Street near the Golf and Country Club. The main floor offers an open floor plan encompassing the living room, formal dining room, kitchen with stainless steel appliances, and access to the deck. The main floor also features 2 bedrooms to the right and the master suite to the left. The lower level, with the 4th bedroom, full bathroom, and family room, leads to a stone patio and backyard. There is also an office and 2-car garage. This home is just minutes from Amesbury downtown and the beaches, as well as access to major highways.
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| Sep 27, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017