7221 Fairway Bl
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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 |
|---|---|---|---|
| Jan 18, 2022 | No longer available | - | |
| No longer available | |||
| Nov 3, 2021 | In contract | - | |
| In contract | |||
| Oct 27, 2021 | Relisted | $450,000 | |
| Relisted | |||
| Oct 19, 2021 | In contract | - | |
| In contract | |||
| Oct 8, 2021 | Listed by Keller Williams Partners | $450,000 | |
| Listed by Keller Williams Partners | |||
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BEAUTIFULLY RECENTLY REMODELED 5 BEDROOMS 2 BATHROOMS HOME WITH SCREENED-IN POOL IN THE HEART OF MIRAMAR! (HALF GARAGE CONVERTED) HOME FEATURES; IMPACT WINDOWS AND DOORS (MOST OF THE HOUSE), NEWER 2019 SHINGLE ROOF, NEWER BATHROOMS WITH DOUBLE VANITY IN THE MASTER, SEPARATE LAUNDRY ROOM WITH NEWER WASHER AND DRYER, 2014 A/C UNIT, 2014 WATER HEATER, NEWER KITCHEN WITH QUARTZ COUNTERTOP AND NEWER STAINLESS STEEL APPLIANCES, VERY NICE AND LARGE PATIO AREA WITH A POOL NICE FOR ENTERTAINMENT, VERY SPACIOUS DRIVEWAY, HALF GARAGE STILL USE FOR STORAGE, FRESHLY PAINTED INSIDE/OUT... MINUTES FROM SCHOOLS, BEACH, SHOPPING PLAZAS ETC... HURRY THIS ONE WON'T LAST LONG!! The manager has listed the unit size as 2457 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017