119 Fairmount 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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Listed by William Raveis R.E. & Home Services | $599,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Located in a desirable neighborhood, this home offers a convenient & inviting floor plan. You'll be greeted by a cozy livingrm w gas fireplace and hardwood throughout. The living rm flows seamlessly into the dining area, which features a charming built-in hutch and a slider leading to yard. The kitchen is equipped w SS appliances, granite counters, a breakfast/coffee bar, and huge pantry. The 1st fl laundry, conveniently located in the half bath, adds to the home's practicality. The 1st floor spacious addition adds another bed count w cathedral ceilings and skylights, large enough to offer flexibility to convert into a family rm if desired. On the 2nd level, you'll find two generously sized bedrooms and full bath. The yard is perfect for relaxing or entertaining, featuring a two-tiered deck, shed, firepit, and exposed rock elements that add a unique charm to the outdoor space. Unfinished basement for lots of storage. Great commuter location near all your favorite stores/restaurants!
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| Feb 21, 2018 | Sold | ||
| Sold | |||
| Jan 4, 2018 | Listed by William Raveis R.E. & Home Services | $399,900 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017