1308 Fairview Avenue
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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%.
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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 28, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | In contract | - | |
| In contract | |||
| Jan 2, 2025 | No longer available | - | |
| No longer available | |||
| Jan 1, 2025 | Listed by Weichert, Realtors - The Murray Group | $699,900 | |
| Listed by Weichert, Realtors - The Murray Group | |||
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Ideally located in one of the most walkable neighborhoods in Montrose, this meticulously maintained vintage home is a perfect balance of mid-century charm and modern amenities. The quintessentially Texas front porch opens on to a beautiful, open concept living space with shimmering wood floors, abundant natural light and tasteful lighting fixtures. The gourmet kitchen boasts beautiful white countertops, pantry space and stainless steel appliances. The first floor also contains the amply sized primary bedroom with boutique primary bath and walk in closet, in addition to another sizeable bedroom and beautifully appointed full bath. There is the convenience of a first floor laundry room. The charming staircase, complete with under step storage, leads to a large second floor flex room/study and half bath. The home comes complete with a second floor balcony with sweeping view of the private back yard. Detached 2 car garage and off street parking. New roof, new HVAC and countless upgrades.
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| Dec 19, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017