40
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1406 6th Avenue
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 18, 2026 | Listed by Agape and Associates LLC | $549,000 | |
| Listed by Agape and Associates LLC | |||
| Oct 23, 2023 | Sold | ||
| Sold | |||
| Sep 19, 2023 | Listed by Coldwell Banker Apex, REALTORS | $524,999 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| | |||
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Location! Location! Location! Located just one block south of Magnolia Avenue, Imagine being steps away from morning Coffee at Avoca, Lunch at Salsa Limon & Dinner at Lili’s Bistro. 1406 Sixth Ave has the perfect mixture of Character, Charm, & Contemporary finishes. Completely Renovated Kitchen & Bathrooms, Recently Installed HVAC, Fresh Painting Inside & Out, Refinished Hardwood Floors, Original Pocket Doors, Fireplace Mantle & More! The timeless kitchen design offers custom cabinetry, stainless appliances, quartz countertops & work island. The dining space provides a wood burning stove & stunning ceiling feature. At home office or sun room with plenty of windows & full bath downstairs. The second level includes 3 spacious bedrooms, bathroom with soaking tub, & grand front balcony. Shaded backyard with storage building out back. Ask your Realtor for a copy of the full history of this historically designated home.
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| Jun 29, 2023 | Listed by Coldwell Banker Apex, REALTORS | $519,999 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| | |||
|
Location! Location! Location! Located just one block south of Magnolia Avenue, Imagine being steps away from morning Coffee at Avoca, Lunch at Salsa Limon & Dinner at Lili’s Bistro. 1406 Sixth Ave has the perfect mixture of Character, Charm, & Contemporary finishes. Completely Renovated Kitchen & Bathrooms, Recently Installed HVAC, Fresh Painting Inside & Out, Refinished Hardwood Floors, Original Pocket Doors, Fireplace Mantle & More! The timeless kitchen design offers custom cabinetry, stainless appliances, quartz countertops & work island. The dining space provides a wood burning stove & stunning ceiling feature. At home office or sun room with plenty of windows & full bath downstairs. The second level includes 3 spacious bedrooms, bathroom with soaking tub, & grand front balcony. Shaded backyard with fresh landscaping & storage building out back. Ask your Realtor for a copy of the full history of this historically designated home.
| |||
| Jun 11, 2021 | Sold | ||
| Sold | |||
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About Fairmount
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017