21 Fairmount Ave #21
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%.
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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 18, 2021 | Sold | ||
| Sold | |||
| Apr 9, 2021 | Listed by Longwood Residential, LLC | $899,000 | |
| Listed by Longwood Residential, LLC | |||
| | |||
|
Two Level Condo that feels like a Single Family! This renovated Victorian is located on a tree-lined street and just minutes from Davis Square, The Red Line and highway access! A sun-filled condo with a private entrance has a wonderful blend of original details and charm with modern amenities, well-proportioned rooms, high ceilings and lots of windows. Features include: remodeled kitchen with granite counters, newer stainless steel appliances, wainscoting, gleaming floors, imported tiles and pantry; dormered (2006) third level with built-ins; bright and spacious Master Bedroom with vaulted ceilings, skylights, bamboo flooring, spacious closets; central A/C; 2 zone heating/cooling, refinished wide pine floors through out; replaced/reconditioned windows; convenient first floor, in-unit laundry; additional basement storage, shared fenced rear yard and lots of space to Work Out and and/or Work From Home! Located in the heart of Teele Square, just minutes to the "T", parks and restaurants.
| |||
| Oct 29, 2014 | Sold | ||
| Sold | |||
| Jul 23, 2014 | Listed by Gibson Sotheby's International Realty | $649,000 | |
| Listed by Gibson Sotheby's International Realty | |||
| Apr 29, 2002 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/09/2021
|
3 Bed
|
2 Bath
|
2225 ft²
|
$899,000
3 Bed
2 Bath
2225 ft²
|
$975,000
+8.45%
05/18/2021
|
Nick Reynolds
Longwood Residential, LLC
| |
|
07/23/2014
|
3 Bed
|
2 Bath
|
2225 ft²
|
$649,000
3 Bed
2 Bath
2225 ft²
|
$690,000
+6.32%
10/29/2014
|
Max Dublin
Gibson Sotheby's International Realty
| |
|
03/14/2002
|
4 Bed
|
2 Bath
|
1800 ft²
|
$495,000
4 Bed
2 Bath
1800 ft²
|
$485,000
-2.02%
04/29/2002
|
David Lilley
RE/MAX Destiny
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017