223 Fairmont Drive
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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 6, 2026 | Listed by Vickies Real Estate Group, Inc | $325,000 | |
| Listed by Vickies Real Estate Group, Inc | |||
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Jul 29, 2024 | Listed by Pacesetter Homes | $349,990 | |
| Listed by Pacesetter Homes | |||
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MLS# 20687810 - Built by Pacesetter Homes - Ready Now! ~ This popular single story home is perfect for entertaining! The kitchen has a built-in window seat, upgraded appliance package, a wall of upgraded cabinets and a large island with quartz countertops. A wall of windows in the kitchen, dining and your living room features cathedral ceilings. Your primary bedroom has a window seat overlooking your backyard with an extended outdoor living space! Private fenced back yard, HOA maintains front and side yards throughout the community, HOA walking trail and playground, low tax rate, no MUD or PID taxes! Preferred lender incentive.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017