702 FARAWAY CT
About This Property
As you step inside, you'll be greeted by hardwood floors on the main level and on the stairs. The kitchen boasts stainless steel appliances, adding a touch of sophistication to your cooking and dining experience.
Luxurious owner's suite: The master bedroom suite is a sight to behold, complete with a soaring vaulted ceiling and a spacious walk-in closet that offers plenty of storage space for all your belongings. Relax and unwind in this tranquil space that is designed to cater to your every need. Home offers updaed bathrooms as well.
The finished basement features a cozy gas fireplace that adds warmth and charm to the space, making it the perfect spot to relax with family and friends. The basement also has a full bathroom and bonus room.
Resort-style amenities: Enjoy the convenience of the HOA that includes access to the pool, tot lot, and trails, providing endless opportunities for outdoor recreation and entertainment.
Nearby attractions: Take advantage of the prime location of this home, with easy access to major routes, shopping, dining, and entertainment. Golf enthusiasts will appreciate the proximity to the nearby golf course, perfect for a day out on the greens.
Don't miss this exceptional opportunity to own a home that offers luxury, convenience, and endless possibilities. Discover the beauty of Bowie's Southlake community and embark on a journey of comfort and refinement. Act swiftly and make this your home sweet home today!
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/12/2023
| |
3 Bed
|
4 Bath
|
1344 ft²
|
$374,900
3 Bed
4 Bath
1344 ft²
|
$382,500
+2.03%
07/05/2023
|
Gail Stepney
Redfin Corp
|
Building Info
About Lake Arbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017