1639 Fairacre Road
About This Property
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Cap Rate Calculator
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 25, 2022 | Sold | ||
| Sold | |||
| Apr 19, 2022 | Listed by RE/MAX Alliance-Greeley | $375,000 | |
| Listed by RE/MAX Alliance-Greeley | |||
| Apr 5, 2019 | Sold | ||
| Sold | |||
| Mar 11, 2015 | Sold | ||
| Sold | |||
| Sep 18, 2008 | Listed | $129,900 | |
| Listed | |||
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1K Earnest $ BEFORE INSPECTIONS BUYER TO INCUR CHARGE OF UP TO $225 FOR DE-WINTERIZATION. Buyer verify Measurements. PROOF OF FINANCING REQUIRED ON ALL OFFERS. AGENTS TO INCLUDE CELL# & E-MAIL ADDRESS WITH OFFERS. Real Value Near Glenmere Park, Mature Landscaping, Hardwood Floors, Updated Kitchen & Bath. PROPERTY SOLD AS IS CONDITION. MOTIVATED BRING OFFERS.
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Address: 335 Madison Avenue, New York, NY 10017