11827 Fairpoint Drive
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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Dec 24, 2024 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | No longer available | - | |
| No longer available | |||
| Nov 11, 2024 | Listed by Intercontinental Properties | $219,000 | |
| Listed by Intercontinental Properties | |||
| | |||
|
Nice 3-bedroom home, Master down .on the first floor. New fresh interior paint . The kitchen features high ceilings, plenty of cabinet and counter Granite space. It has all appliances and French doors leading to a covered patio deck. New water heater and new PEX pipes throughout the house. formal dining room which is open to a large living area. There are secondary bedrooms and a hall bath on the second floor. No carpet. The seller will not make any repairs. Price sole as is were is. The home need some cosmetics repairs. New water heater; fairly new outside A/C until; Pex plumbing system throughout the house.
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| Sep 24, 2024 | Price Decreased |
$219,000
↓ $7K
(3.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017