2002 Fairmount 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 |
|---|---|---|---|
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Apr 8, 2024 | In contract | - | |
| In contract | |||
| Aug 26, 2023 | Listed by Long & Foster REALTORS | $449,900 | |
| Listed by Long & Foster REALTORS | |||
| Mar 31, 2021 | Sold | ||
| Sold | |||
| Jan 7, 2021 | Listed by Commonwealth Real Estate Co | $379,000 | |
| Listed by Commonwealth Real Estate Co | |||
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Welcome to 2002 Fairmount Avenue! This stunning 3 bedroom 2 1/2 bathroom boasts a massive 2538 Sq.Ft! 10 1/2 foot
ceilings throughout the entire home with tons of modern upgrades and amenities! Beautiful, wide open floor plan with
hardwood flooring downstairs, stainless steel appliances and granite countertops! An enormous pantry and plenty of closet
and storage space! Standing room attic with tons of room for all you could possibly need! Recessed LED lighting to ensure
you never have to change a pesky lightbulb again! Oversized staircase and hallways with upstairs laundry and a HUGE
walk-in closet off the master bathroom! Be sure to check out the wonderful views from the balcony attached to the master
bedroom and the one of a kind attention to detail with all of the crown molding and trim work! Custom, custom, custom
and ready for the first owners to enjoy this marvelous new construction home in Church Hill! Walking distance to the new
Market at 25th Street, restaurants, parks and retail!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017