76 Fairway Dr.
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 |
|---|---|---|---|
| May 23, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by MRM Associates | $585,000 | |
| Listed by MRM Associates | |||
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Welcome home to 76 Fairway Dr. This home has been lovingly maintained by the same family for 65 years. Located close to the Groton Country Club and Groton center, but also in a quiet location at the end of the cul de sac. The interior of the home has lots of space with 4 bedrooms and two full baths. Two of the bedrooms are located on the first floor with a full bath, living room, sunny dining room and kitchen. The second floor has two bedrooms, a full bath, a loft area, and an office with winter views of Groton Hill Music Center. There are hardwood floors throughout the house. The sunny yard is suited for many needs but has had a garden for many years. Apple, pear, plum trees, as well as blueberry and rhubarb plants adorn the property. The exterior of the house was painted 2 years ago. Come see all that this home has to offer then put your personal cosmetic stamp on it. This home, location, and the town of Groton have so much to offer including great schools, and a thriving down town.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017