140 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 |
|---|---|---|---|
| Mar 19, 2024 | Sold | ||
| Sold | |||
| Jan 31, 2024 | In contract | - | |
| In contract | |||
| Jan 18, 2024 | Listed by USA Realty LLC | $750,000 | |
| Listed by USA Realty LLC | |||
| Oct 31, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Sep 26, 2023 | Listed by USA Realty LLC | $739,900 | |
| Listed by USA Realty LLC | |||
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Make this spacious colonial your new forever home. This property went through an extensive remodel with great finishing touches. Located in a tree-lined street of Saugus, this spacious property features approximately 2,000 sq/ft of living space from its finished basement and continuing up the two main floors. Fully stainless-steel appliance kitchen with stone counters and an amazing kitchen island. Featuring a formal dining room, a living room and two new full bathrooms. Brand new roof, siding, Central AC & Heat by electricity. Amazingly finished hardwood floors throughout, there is space here for an extended family and a possible fifth bedroom. Attached garage and double driveway for convenient parking. The exterior offers plenty of space for entertaining boasting almost a quarter of an acre. Front and back yard all fenced-in and a beautiful decorative retaining wall. 200 Amp service.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017