2820 Fairlawn Road
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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Aug 9, 2018 | Sold | ||
| Sold | |||
| Jul 16, 2018 | Listed | $250,000 | |
| Listed | |||
| | |||
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Back on the Market with $10k price drop! 1300+ SQ FT HOME WITH 1000+ SQ FT APARTMENT ON ONE ACRE in quiet neighborhood close to Gocciolina, 9th St and Downtown Durham. Sep. finished basement apt (listed as "other area") w/outside entrance for renters or family. Inside entrance can be restored for single family access. Both levels have two bedrooms, one bath and their own kitchen w/fridge, w/d that convey. Move in ready! New HVAC in 2017. Sellers have never lived in the home. The manager has listed the unit size as 1326 square feet.
| |||
| Jun 7, 2018 | Listed by Urban Durham Realty | $250,000 | |
| Listed by Urban Durham Realty | |||
| Apr 21, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017