270 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 |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by KW Pinnacle MetroWest | $375,000 | |
| Listed by KW Pinnacle MetroWest | |||
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Nothing to do here but move in! Tastefully renovated to incorporate many original details like woodwork, doorknobs, built-in storage. Magazine-worthy kitchen featuring tile backsplash, huge breakfast peninsula, double pantry cupboard, tile floor & full suite of stainless appliances. Living room with hw floors & bay window bump-out. Dining room with recessed lighting, hw floors, beadboard wainscoting. 1st flr full bathroom with gorgeous tiled tub surround. Upstairs are 2 BRs with hw floors, recessed LED lighting, large closets. 2nd flr bathroom with shower, laundry hookups, huge storage closet. Cozy front porch! Fully enclosed, pet-ready yard with concrete patio! Well lit basement with sump pump & bulkhead to yard. Big updates are done! Roof '20, sump pump '22, wiring/panel '21, blown in insulation '21, gas furnace + AC compressor '22, windows '20. All of this is nestled on a dead end street with fantastic access to highway and the exciting amenities Worcester has to offer!
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| Sep 20, 2019 | Sold | ||
| Sold | |||
| Jun 26, 2019 | Listed by Keller Williams Pinnacle MetroWest | $194,000 | |
| Listed by Keller Williams Pinnacle MetroWest | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017