8 Fairway Drive
About This Property
Highlights include: bright and spacious 1st fl office, perfect for WFH; 1,000+ sq.ft. chef's EIK kitchen/family room entertaining space with 10ft ceilings w/ speakers, built-ins and 3 sets of French doors that open to expansive multi-tier mahogany deck overlooking pool and yard; large master bedroom w/ walk-in closet and en-suite; 2nd flr playroom/hangout space; expansive lower level with gym, mudroom, rec
room, bedroom, and 2 full bathrooms (one designed as pool cabana); circular driveway and 8 heating zones (7 radiant).
This special home comes w/ a free bus to QR Elementary and Scarsdale Middle and High School.
SEE FEATURE SHEET Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
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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.
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.
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About Westchester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017