2575 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 |
|---|---|---|---|
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| May 26, 2021 | In contract | - | |
| In contract | |||
| May 18, 2021 | Listed by Coldwell Banker West | $599,000 | |
| Listed by Coldwell Banker West | |||
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Cozy home situated on a large 7470 sqft R4 lot with alley access in the back and a long driveway in the front of the home. The home has been painted throughout, Bathroom has beautiful tiled walls, new vanity, new light fixtures, tiled floors & new shower door. Family room has beautiful laminate floors throughout & Kitchen has been completely remodeled with new cabinets, granite counter tops, exhaust fan, sink & lighting. Bedrooms have beautiful laminate floors, with ceiling fans. Garage has a permitted full bathroom and laundry hookups. Huge backyard with alley access for maybe future ADU. Lots of potential with this home. The manager has listed the unit size as 928 square feet.
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| Jul 3, 2014 | Sold | ||
| Sold | |||
| Feb 19, 2014 | Listed by Joe Carta Realty | $315,000 | |
| Listed by Joe Carta Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017