256 Fairview Road
About This Property
Smart TV IOS bathroom mirror integration, first level master, oversized elevator, gas fireplace and standby generator to power full house and pool with jandy system are among its outstanding features. The gourmet kitchen is enhanced with Sub Zero, Cove & Wolf appliances. All ceiling heights reach/exceed 10 ft. Marvin wIndows/doors. Summer kitchen,spa, pergola embellish the exterior deck surrounded by landscaped privacy
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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 |
|---|---|---|---|
| Jul 22, 2020 | Sold | ||
| Sold | |||
| Nov 19, 2018 | Listed by Sotheby's Intl. Realty, Inc. | $6,795,000 | |
| Listed by Sotheby's Intl. Realty, Inc. | |||
| Aug 31, 2016 | Sold | ||
| Sold | |||
| Aug 1, 2016 | Sold | ||
| Sold | |||
| Dec 22, 2015 | Listed by Sotheby's Intl. Realty, Inc. | $2,100,000 | |
| Listed by Sotheby's Intl. Realty, Inc. | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017