24 Fairmont Ave
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 |
|---|---|---|---|
| Sep 15, 2020 | Sold | ||
| Sold | |||
| Jun 16, 2020 | Listed by The Pros Real Estate Services | $215,000 | |
| Listed by The Pros Real Estate Services | |||
| Jan 10, 2019 | No longer available | - | |
| No longer available | |||
| Oct 24, 2018 | Price Decreased |
$215,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
| Oct 3, 2018 | Listed by Keller Williams - Worcester | $225,000 | |
| Listed by Keller Williams - Worcester | |||
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Car enthusiasts take note. This 4-5 bedroom home has so much space and potential. If you are looking for a spacious home with a spacious garage and workshop this home has what you are looking for. Home is located Just off plantation street and walking distance to Holmes Field. On the first floor you will find a 3 season mud room just off the huge kitchen loaded with cabinet space. The large full bath is two rooms. The living room is off the kitchen which had once been open to the dining space but it has been closed up for a first floor (5th) bedroom. Would be simple to convert back if not needed. On the second floor are 4 additional spacious bedrooms. In the level back yard down the 4 car driveway you will find a 2 story garage with 2 bays and additional work space to the back and sides of the huge garage. Low maintenance yard and still plenty of room for entertaining, playing or pets. The manager has listed the unit size as 1365 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017