949 Fairway Park
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by @properties Christie's Int'lAA | $779,000 | |
| Listed by @properties Christie's Int'lAA | |||
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Stunning custom contemporary located in the prestigious Polo Fields Golf and Country Club development. This property features four bedrooms and three and a half bathrooms and endless windows! It's situated on a prime half acre lot at the 8th Tee Box and it's move-in ready.
This light-filled home features a soaring main floor ceiling, custom white oak hardwood floors, updated custom kitchen featuring group E granite, solid surface sink, stainless appliances, under-cabinet lighting and 42'' Diamond cabinetry.
The Family Room features a gas fireplace, custom built-ins and a 7.1 surround sound system.
There are four bedrooms on the second level and three custom bathrooms. The closets are outfitted with California Closet Systems. The 9' basement ceilings allow for unlimited indoor recreation! Newer furnace, new 50-gallon water heater and newer Zoeller sump. Exterior features include Brazilian hardwood decking and a huge stamped concrete patio for entertaining. Custom layered professional landscaping, in-ground irrigation system and several flowering trees. A new roof and all exterior paint were completed within the last 12 months.The three-car HEATED garage is a
dream in the cold weather months! There is a side entry and oversized laundry and mud rooms. This property also includes a full, monitored alarm system. Ann Arbor schools and school bus service at the street. Close to shopping, expressways and about 25-minutes to DTW Airport. Scio Township taxes. What are you waiting for?
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| Sep 10, 2012 | Sold | ||
| Sold | |||
| Jun 9, 2012 | Listed by Howard Hanna RE Services | $369,900 | |
| Listed by Howard Hanna RE Services | |||
| Nov 4, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017