2227 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 |
|---|---|---|---|
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Aug 4, 2021 | Listed by Burt Ladner Real Estate LLC | $289,000 | |
| Listed by Burt Ladner Real Estate LLC | |||
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Adorable cottage in Fairmount National Historic District on one of the best blocks with oversized lots and restored homes all around. This 2 bedroom 2 bathroom cozy home has covered porch across the front of the house and a partially covered deck across the back of the house. The kitchen has been remodeled with great appliances and a center island with stainless steel sink. With the gleaming wood floors, large living and dining room open to the new kitchen, this home won’t last long.
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| Dec 31, 2020 | Sold | ||
| Sold | |||
| Dec 7, 2020 | Listed by Christie's Int'l ULTERRE | $199,999 | |
| Listed by Christie's Int'l ULTERRE | |||
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Bring your most creative ideas to this cute Fairmount bungalow. House does need foundation work. HVAC is less than a year old! Washer Dryer also less than a year old. Roof is 4 years old.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017