3122 Fern Street
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 |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Apr 24, 2026 | In contract | - | |
| In contract | |||
| Mar 22, 2026 | Price Decreased |
$180,000
↓ $10K
(5.3%) | |
| Price Decreased | |||
| Mar 11, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 10, 2026 | Listed by RA Brokers | $190,000 | |
| Listed by RA Brokers | |||
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Corner lot-3 bedrooms, 1 bath, and 1 car garage. Home features new light fixtures, fresh paint, and luxury vinyl floors, new pex plumbing, updated sewer line, new windows, stone countertops. Ideal for rental or a first home. The metal roof is approximately 5 years old and it also has black rod iron security fence. Included are gas stove, automatic garage door opener, central AC and heat, and a transferrable foundation warranty. Zoned to Deer Park Schools- NO HOA- NEVER FLOODED. 1 year home warranty included.
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Property Highlights
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About Deepwater
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017