87 Fairway View Dr #87
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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2022 | Sold | ||
| Sold | |||
| May 10, 2022 | Listed by ERA Key Realty Services | $699,900 | |
| Listed by ERA Key Realty Services | |||
| | |||
|
Pristine and well located townhome right on the cul-de-sac at The Villas at Pleasant Valley, with a gorgeous backyard view of the 5th fairway. Open concept plan on the first floor includes a front living rm w/vaulted ceiling and hardwood; half bath with adjacent laundry; gourmet kitchen with oversized island w/breakfast bar, quartz counters, recessed lighting, SS appliances, and slider to rear composite deck; elegant dining room w/wainscoting, and a spacious family room with vaulted ceiling and gas fireplace. First floor primary suite w/2 spacious walk-in closets, upgraded hardwood, large bath w/double vanity and large tiled shower w/glass door. Second floor contains two very generous sized bedrooms: one w/walk-in closet, and the other with a single closet, a double closet, and access to huge unfinished space w/window over the garage (outstanding storage or potential future living space). Gas-fired whole house generator. Fantastic proximity to highways, shopping, entertainment.
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| Dec 6, 2019 | Sold | ||
| Sold | |||
| Oct 2, 2019 | Listed by RE/MAX Executive Realty | $554,900 | |
| Listed by RE/MAX Executive Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/10/2022
|
3 Bed
|
3 Bath
|
2638 ft²
|
$699,900
3 Bed
3 Bath
2638 ft²
|
$710,000
+1.44%
06/15/2022
|
Bruce Bisbee
ERA Key Realty Services
| |
|
10/02/2019
|
3 Bed
|
3 Bath
|
2396 ft²
|
$554,900
3 Bed
3 Bath
2396 ft²
|
$554,900
12/06/2019
|
Judi Hurwitz
Prime Time Communities - Boynton Meadows
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017