7428 Fenwick Place
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 15, 2024 | Sold | ||
| Sold | |||
| Dec 11, 2023 | Listed by Lang Realty/ BR | $4,550,000 | |
| Listed by Lang Realty/ BR | |||
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Immaculate and exquisitely appointed recent construction (2018) in St Andrews Country Club. A highly desirable southern facing modern one-story home, encompassing 4478 living sq ft (no steps), featuring 4 ensuite bedrooms, an office with a full bath, and a den/club room. The kitchen is open and bright, features Thermador appliances, has a large island perfect for entertaining and serious cooking, and a sizable pantry. The adjacent family room is open and airy, with walls of glass overlooking a private, perfectly manicured, secluded property with multiple entertaining areas, a summer kitchen, and a large pool and spa. The Den/Club room offers space for relaxation, a gym, or a place for kids or grandkids to call their own. The primary suite is spacious and beautiful and is well designed with two separate baths and two large closets. A three-car garage plus golf cart garage complete this modern, pristine, perfectly appointed home.
St Andrews is a 24hr manned and gated mandatory membership country club community featuring 36 holes of championship golf, a full service 11,000 sq ft spa, multiple dining venues, a 20,000 sq ft tennis and fitness facility, 19 tennis courts and six pickleball courts, an aquatic center with three pools, playground & rec rooms and is recognized as an Elite Distinguished Club of the World, a Platinum Club of America, one of the Top Ten Healthiest Clubs in America, and received the 2019 North America Best Day Spa by World Spa Awards.
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| Jun 15, 2018 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed by Douglas Elliman | $2,750,000 | |
| Listed by Douglas Elliman | |||
| Oct 12, 2016 | Listed by Douglas Elliman | $2,450,000 | |
| Listed by Douglas Elliman | |||
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About St. Andrews Country Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017