3 Fair Lane
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 |
|---|---|---|---|
| Sep 14, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by Coldwell Banker Realty - Western MA | $259,900 | |
| Listed by Coldwell Banker Realty - Western MA | |||
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Welcome to 3 Fair Lane in Hampden Village! If you are looking for one level living in a wonderful community and in a tucked away location then this home may be for you! Built in 2017 this home was thoughtfully designed and has many upgrades including an island and a pantry in the kitchen! All 3 bedrooms have ceiling fans and ample closet space. Plan to relax on your front porch or your covered back deck enjoying the fall foliage...both are made with composite decking. The exterior has a 10x16 Storage shed and a sprinkler system to keep the lawn looking pristine! Hampden Village is a 50 acre community that offers an amazing array of amenities including an in-ground heated pool, shuffleboard, a community building, a dog park and the list goes on! Monthly park fee includes water, sewer, trash and maintenance of the common areas. This is your opportunity to become a part of Hampden Village and all it has to offer!
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| Oct 7, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017