12419 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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Listed by HomeSmart | $274,999 | |
| Listed by HomeSmart | |||
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Welcome to this beautifully remodeled 3-bedroom, 2-bath home featuring an attached 2-car garage. Upon entering, you'll find a formal dining area perfect for entertaining, complemented by a stylish wet bar. The entire home has been thoughtfully updated, showcasing recent flooring, fresh paint inside and out, and modern countertops. The bathrooms have been enhanced with upgraded showers, faucets, and light switches throughout. Enjoy year-round comfort with a brand-new AC system, installed in January 2024, along with energy-efficient windows that were added in 2019. The water heater 2017 and roof also replaced in 2019, ensuring peace of mind for years to come. Step outside to discover your private oasis—a backyard featuring a resurfaced pool, perfect for relaxation and summer gatherings. Conveniently located just minutes from all major amenities, this home is a true gem that won’t last long on the market. Don't miss your chance to make it yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017