714 Fairview Lane
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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Mar 12, 2024 | Listed by Keller Williams Revolution | $759,900 | |
| Listed by Keller Williams Revolution | |||
| Nov 3, 2023 | No longer available | - | |
| No longer available | |||
| Sep 20, 2023 | Price Decreased |
$799,900
↓ $50K
(5.9%) | |
| Price Decreased | |||
| Sep 6, 2023 | Listed by Keller Williams Bloomington | $850,000 | |
| Listed by Keller Williams Bloomington | |||
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Rare opportunity to own a captivating ranch that provides an unparalleled indoor-outdoor living experience with the serene beauty of the generous size lot. Nestled within the highly sought-after Bartlett Lake Estates Subdivision, this residence showcases 5 bedrooms and 3.5 baths. All appliances stay, including a double oven, commercial sized washer/dryer and second basement refrigerator, to ensure a seamless transition. A completely finished basement doubles your living space and exhibits a spacious fifth bedroom, full bath, sizable flex room with custom built-ins and a completely separate garage entrance leading to the basement. The impressive backyard is the definition of an outdoor oasis and boasts a newly rehabbed in-ground pool with spillover spa and diving board. Additional improvements consist of a 75 gallon water heater replacement in 2017 and a 2022 renovation of the main living space, showcasing fresh paint, hardwood flooring, granite countertops, modern backsplash, plantation shutters and an updated powder room. Altogether, this single owner home is an entertainer's dream wrapped up in solid construction and pride of ownership. Agent interest. The manager has listed the unit size as 5350 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017