118 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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | In contract | - | |
| In contract | |||
| Jan 7, 2025 | Relisted | $325,000 | |
| Relisted | |||
| Dec 28, 2024 | In contract | - | |
| In contract | |||
| Nov 18, 2024 | Listed by Keller Williams South Watuppa | $549,999 | |
| Listed by Keller Williams South Watuppa | |||
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Welcome to this beautifully maintained raised ranch, nestled on a peaceful 1.49-acre lot in Rehoboth. The bright, open interior features vaulted ceilings in the living room, an updated kitchen with granite countertops and a dining peninsula, providing ample counter space for meal preparation and entertaining. The main living level offers 3-bedrooms and 1 bathroom, while the lower level provides additional flexible living space, laundry room and a half bath. Live comfortably knowing that this property is equipped with a fully automatic built-in generator that powers the entire house during any outage! The expansive yard is perfect for outdoor activities and includes a large fenced-in dog kennel, allowing your pets to roam freely and safely. With modern amenities and plenty of outdoor space, this move-in-ready home combines comfort and country charm. Don't miss the opportunity to make it yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017