1409 7th 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 |
|---|---|---|---|
| Nov 20, 2020 | Sold | ||
| Sold | |||
| Oct 11, 2020 | Listed by Better Homes & Gardens, Winans | $499,999 | |
| Listed by Better Homes & Gardens, Winans | |||
| Apr 17, 2020 | Sold | ||
| Sold | |||
| Mar 20, 2020 | Listed by 6th Ave Homes | $495,000 | |
| Listed by 6th Ave Homes | |||
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Completely updated 4bed 3bath Fairmount craftsman, just steps from Magnolia Ave in coveted Lilly B. Clayton choice school zone. Modern finishes with old world charm. Open kitchen, tons of custom built-in storage, reclaimed wood accents, original solid wood flooring, new HVAC, huge front porch, updated plumbing and electric, new roof, updated foundation with warranty, tankless hotwater, stainless appliances, and designer fixtures. This one of a kind property features large suites downstairs and upstairs. Large master bath and closet. Kitchens and baths have all been updated with brand new designer finishes, granite & quartz counters, & all new stainless appliances. The perfect home for hosting!
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About Fairmount
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,650 /mo
- 2 Beds
- 2 Baths
- 1,263 ft²
$2,445 /mo
- 3 Beds
- 2 Baths
- 1,786 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017