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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
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Mar 19, 2024 | Sold to Isaias G Solis | $780,000 | |
Sold to Isaias G Solis | |||
Jan 31, 2024 | In contract | - | |
In contract | |||
Jan 18, 2024 | Listed by USA Realty LLC | $750,000 | |
Listed by USA Realty LLC | |||
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Start the new year with this amazing property which is just waiting
for the next owners to call it home. This property went through an
extensive remodel with great finishing touches. Located in an
accessible and quiet part of Saugus, this spacious property
features close to 2,000 sq/ft of living space from its finished
lower level and continuing up the two main floors. Beautiful
kitchen with quarts counters and an amazing kitchen island.
Featuring a formal dining room, a living room and…
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Oct 31, 2023 | Withdrawn | - | |
Withdrawn | |||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…
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/30/2023
|
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4 Bed
|
2 Bath
|
1872 ft²
|
$499,900
4 Bed
2 Bath
1872 ft²
|
$525,000
+5.02%
04/21/2023
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-
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Kimberley Martin
Pelletier Realty Group
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