7368 Fairfax Dr #306
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 4, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Listed by Century 21 Tenace Realty Inc | $259,000 | |
| Listed by Century 21 Tenace Realty Inc | |||
| | |||
|
A rare find! This corner penthouse with 24-hour gated security offers a spacious 2-bedroom, 2-bath Queen model layout and stunning waterfront views. The large terrace, with sliders and roll down shutters, is perfect for relaxation. Inside, tiled floors complement a remodeled kitchen with River granite countertops, backsplash, stainless appliances, and built-in microwave. Impact windows and plantation shutters add style and security. The primary bedroom opens to the terrace, featuring a walk-in closet, two wardrobes, and a modern bathroom with double vanity. A charming second bedroom has ample closet space and a separate full bath. The laundry room includes a washer and dryer, making this penthouse a perfect blend of luxury, security, and convenience.
| |||
| Aug 29, 2014 | Sold | ||
| Sold | |||
| Jun 12, 2014 | Listed by West Broward Real Estate | $123,900 | |
| Listed by West Broward Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/06/2024
|
2 Bed
|
2 Bath
|
1500 ft²
|
$259,000
2 Bed
2 Bath
1500 ft²
|
$247,500
-4.44%
03/04/2025
|
Matthew Bickler
Century 21 Tenace Realty Inc
| |
|
06/12/2014
|
2 Bed
|
2 Bath
|
1451 ft²
|
$123,900
2 Bed
2 Bath
1451 ft²
|
$118,000
-4.76%
08/29/2014
|
Linda Newman
|
Building Info
About Fairfax Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017