10231 Fairgrove Avenue
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 |
|---|---|---|---|
| Dec 1, 2021 | No longer available | - | |
| No longer available | |||
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Oct 23, 2021 | In contract | - | |
| In contract | |||
| Oct 6, 2021 | Listed by Keller Williams Real Estate Services | $675,000 | |
| Listed by Keller Williams Real Estate Services | |||
| | |||
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FIXER!!! MASSIVE, +/-9500 SQ FT LOT!!! This property is loaded with potential, just bring your contractor & imagination to see how many possibilities there are. The existing home includes 3 bedrooms, 2 baths and is a total of +/-1,500 sq ft. The home features an open dining room/living room, fireplace, dedicated laundry area, and back porch overlooking the HUGE backyard. There is plenty of room to build an ADU, expand the current house, add a pool - this is it!! Located on a wide street in a desirable pocket of North Tujunga, this is one you don't want to miss. The manager has listed the unit size as 1469 square feet.
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| Aug 25, 2021 | Listed by Keller Williams Real Estate Services | $675,000 | |
| Listed by Keller Williams Real Estate Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017