18 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 |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Listed | $489,900 | |
| Listed | |||
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Welcome to this charming single-family home nestled in a desirable neighborhood! Enjoy relaxing mornings or peaceful evenings on the classic farmer's porch. Step inside to find a spacious eat-in kitchen filled with natural light from skylights and a patio door that opens to a back deck—perfect for outdoor dining and entertaining. The formal dining room and inviting living room both boast hardwood floors, creating a warm and welcoming atmosphere. A versatile first floor bonus room offers the perfect space for a home office, music room, or future bath. The second floor features three generous size bedrooms, all with hardwood floors. Additional highlights include a newer heating system, fenced in front yard and a detached garage. Take advantage of this wonderful opportunity to make this well-loved home your own! Offers due Monday, June 30 at noon.
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| Sep 26, 2019 | Sold | ||
| Sold | |||
| Aug 8, 2019 | Listed by Compass | $311,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017