8718 FAIRHAVEN PLACE
About This Property
The lower level features a large family room/recreational area, complemented by a convenient half bath. An unexpected highlight on this level is the fully encapsulated crawl space, ingeniously utilized by the seller for additional storage. This meticulously maintained home comes with several key updates, including a new roof installed in 2019, new windows and exterior doors in 2014, as well as interior crawl space encapsulation and attic insulation completed in 2017. The water/sewer line was replaced in 2015, ensuring long-term peace of mind. The interior of the home has recently undergone a refresh, with full painting including the closets in August 2023. New carpets have been installed throughout the house in the same year, enhancing comfort and aesthetics. The primary bathroom has been upgraded with a new vanity and flooring in August 2023. The exterior of the home has not been neglected, having received a power wash, shutter and soffit painting, and deck staining - all in August 2023. A new microwave was added to the kitchen in 2023 as well.
The location is a commuter's dream, with easy access to I-95 and Route 32. Welcome to your new home!
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2023 | Sold | ||
| Sold | |||
| Aug 18, 2023 | Listed by McEnearney Associates, Inc. | $440,000 | |
| Listed by McEnearney Associates, Inc. | |||
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Nestled in the heart of The Heritage Woods Sub-division, this charming split-level home offers a fully updated interior and a spacious backyard complete with a 20 x 10 deck, situated on .14 acres. The house boasts a thoughtfully designed layout with hardwood floors on the main and upper level and brand new carpet installed in 2023 in the lower level and stairs. The lovely kitchen seamlessly connects to the dining room which gives access to the large deck. With generously sized rooms spread across three finished levels, the home maximizes both space and natural light.
The lower level features a large family room/recreational area, complemented by a convenient half bath. An unexpected highlight on this level is the fully encapsulated crawl space, ingeniously utilized by the seller for additional storage. This meticulously maintained home comes with several key updates, including a new roof installed in 2019, new windows and exterior doors in 2014, as well as interior crawl space encapsulation and attic insulation completed in 2017. The water/sewer line was replaced in 2015, ensuring long-term peace of mind. The interior of the home has recently undergone a refresh, with full painting including the closets in August 2023. New carpets have been installed throughout the house in the same year, enhancing comfort and aesthetics. The primary bathroom has been upgraded with a new vanity and flooring in August 2023. The exterior of the home has not been neglected, having received a power wash, shutter and soffit painting, and deck staining - all in August 2023. A new microwave was added to the kitchen in 2023 as well.
The location is a commuter's dream, with easy access to I-95 and Route 32. Welcome to your new home!
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| Aug 14, 2012 | Sold | ||
| Sold | |||
| Feb 3, 2012 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017