131 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%.
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 |
|---|---|---|---|
| May 21, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | Listed by Bach Real Estate | $785,000 | |
| Listed by Bach Real Estate | |||
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A rare find in the sought-after Westbrook & Baker Park neighborhoods—a spacious 5-bedroom home that epitomizes comfort and style and includes a coveted oversized 3 car garage. This expansive 3,580 square foot home is ideally designed for both lively gatherings and comfortable living, boasting generously sized rooms throughout. The elegant formal living room features a stunning wood-paneled fireplace, creating a warm, inviting ambiance. Adjacent to it, the formal dining room awaits, perfect for hosting dinner parties. A practical study is conveniently located off the kitchen, while a large recreation room with a cozy wood stove set against a brick surround offers endless opportunities. The family room offers a dry bar and an additional wood fireplace, ideal for casual entertaining. For the professional working from home, a distinguished wood-paneled office with built-ins and a classic wood-burning fireplace sets the stage for productivity in a refined setting. Modern comforts include a newly installed gas furnace in 2023, ensuring year-round comfort. Outside, a heated vinyl pool is enveloped by mature trees that provide both privacy and a picturesque backdrop. All this, set on a sprawling half-acre lot just a block away from Baker Park, making this home not just a place to live, but a retreat to cherish.
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| Jul 11, 2018 | Sold | ||
| Sold | |||
| Dec 6, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017