2204 6th Avenue
About This Property
The spacious front living room spans the width of the home and features a wood-burning fireplace enhanced with an electric chimney exhaust fan. The large formal dining room showcases boxed ceilings and French doors, making it an ideal setting for gatherings. The private study offers excellent flexibility-previously used as a breakfast room and even a nursery-while still maintaining two lovely bedrooms.
Major systems have been thoughtfully updated within the past five years, including the water heater, HVAC, French drains, and rainwater management system. This is a special opportunity to own a beautifully maintained home with historic charm, modern efficiency, and room to grow.
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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 7, 2026 | Sold | ||
| Sold | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Relisted | $545,000 | |
| Relisted | |||
| Dec 29, 2025 | In contract | - | |
| In contract | |||
| Dec 17, 2025 | Relisted | $545,000 | |
| Relisted | |||
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About Fairmount
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017