8512 Fairway Drive
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 |
|---|---|---|---|
| Jul 20, 2021 | Sold | ||
| Sold | |||
| Jun 18, 2021 | Listed by Magnolia Realty | $235,000 | |
| Listed by Magnolia Realty | |||
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Move in ready charming home in a quiet and established neighborhood. Former a golf course community, the neighborhood is a great location with easy access. Perfect home for a growing family or first home. Split bedrooms gives master room privacy. Eat in kitchen is adorable and perfect sized. The third bedroom is being used as an office during covid. Close to everything you need and has a common boat ramp. Small front lawn for easy upkeep and a great back covered and enclosed porch with a view. The back yard is a private oasis to enjoy. Backs up to the old driving range and on the new elementary school is being built across from that. Brand new roof one week old. This price point goes fast. See this one now!
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Property Highlights
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Price/ft²
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About Lake Country
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,250 /mo
- 3 Beds
- 2 Baths
- 1,450 ft²
$2,499 /mo
- 5 Beds
- 2 Baths
- 1,820 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017