1 Fairview Ave
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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 29, 2024 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | Listed by RE/MAX Vision | $423,000 | |
| Listed by RE/MAX Vision | |||
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OPEN HOUSE CANCELED - Spacious home with many mechanical updates already done for you. Two 1st floor bedrooms with hardwood floors and ample closet space allow for easy 1 level living. Open living room/dining room makes family gatherings easy, fireplace with wood stove insert. Updated windows allow for natural light to stream through every room. One car attached garage, connected by an enclosed breezeway, great for mudroom or extra storage. The 2nd floor offers 2 generous sized bedrooms and a half bath. Need more space, the lower level has nice high ceilings and walk out access to the backyard. Situated on a corner lot with ample room for outdoor games and space for pets. The property has town water/sewer allowing space for a future pool. Great location with highway access just a few miles away. Bring your ideas for cosmetic updates and make this property your new home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017