125 Fair Oak Rd
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 |
|---|---|---|---|
| Sep 4, 2025 | Sold | ||
| Sold | |||
| Jul 27, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Listed by Lamacchia Realty, Inc. | $365,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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Welcome to 125 Fair Oak Rd in Springfield’s desirable Sixteen Acres neighborhood! This updated 4 bed, 1 bath home offers just under 1,600 sq ft of comfortable living in a quiet, well-established area. Enjoy affordable luxury with a new roof, new heating system, and stylish touches throughout. The spacious yard is perfect for entertaining with an inground pool, basketball court, and serene pond views. A garage adds convenience, while the peaceful setting provides the perfect retreat just minutes from local amenities. Don’t miss this rare opportunity to own in one of Springfield’s best-kept secrets!
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| Jun 1, 2022 | Sold | ||
| Sold | |||
| Apr 19, 2022 | Listed by Lock and Key Realty Inc. | $299,900 | |
| Listed by Lock and Key Realty Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017