244 Fairview Road
About This Property
A Perfect modern Masterpiece! Charming 3 or 4 bedroom home in delightful location near mid/north clubs! Majestic large rooms with ultra high ceilings and State of the Art gourmet kitchen! Ultimate private garden with loggias'. High elevation. Large family pool designed and created by top design team! Completely and Exquisitely furnished to perfection. So cozy, so peaceful.
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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 |
|---|---|---|---|
| Jan 12, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2023 | Listed by Christian Angle Real Estate | $15,900,000 | |
| Listed by Christian Angle Real Estate | |||
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Beautiful Near North End home built in 2021. This gorgeous, two-story home features perfectly scaled rooms, high ceilings, and stunning hardwood and marble flooring. With 3 bedrooms or optional 4th bedroom/bonus room, 4 baths, powder room, and 2 car garage. South facing French doors allow for natural, sun-filled interiors. Entry foyer leads to bright and spacious formal living room with fireplace. Gourmet eat-in kitchen with top-of-the-line appliances opens to dining area and family room with beautiful beamed ceilings. Second floor features gorgeous primary suite, additional loft/family/bonus room, and expansive open terrace. Serene outdoor spaces include covered loggia, pool, built-in grill, and beautifully landscaped grounds. Exceptional millwork and finishes throughout.
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| Mar 14, 2022 | Sold | ||
| Sold | |||
| Mar 9, 2021 | Sold | ||
| Sold | |||
| Feb 19, 2021 | Listed by Waterfront Properties & Club C | $9,300,000 | |
| Listed by Waterfront Properties & Club C | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017