2212 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 |
|---|---|---|---|
| Oct 25, 2023 | Sold | ||
| Sold | |||
| Jun 28, 2023 | Listed by League Real Estate | $689,000 | |
| Listed by League Real Estate | |||
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It is a pleasure to present this unique Prairie-Mission style exquisitely restored home. Imagine evenings enjoying the spacious front porch. Queen Anne windows were rebuilt and releaded. The historic mantel saved, the fireplace bricks rebuilt, and a new gas insert installed, making the fireplace fully functional. Pocket doors and hardware restored. Period but new ¼ sawn white oak flooring was installed throughout the house. The kitchen was remodeled with modern solid maple cabinets to the ceiling, recessed and soft-close doors mimicking period cabinets. A cozy breakfast nook was added at that time. Original mirrored closet doors were re-tinned to look brand new. Period appropriate custom sideboard built in the dining room. CleanSpace crawlspace encapsulation system with dehumidifier and 2 sump pumps installed to eliminate any potential moisture concerns. And that doesn’t even get to the ground level 1 bedroom cottage attached to the 2 car garage! This home is truly remarkable.
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About Fairmount
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,300 /mo
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$2,445 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017