32 Fairground Heights
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 2, 2024 | Sold | ||
| Sold | |||
| Feb 24, 2024 | Listed by Highland Realty | $150,000 | |
| Listed by Highland Realty | |||
| Feb 19, 2024 | No longer available | - | |
| No longer available | |||
| Jan 11, 2024 | Listed by Better Homes and Gardens-The Masiello Group | $145,000 | |
| Listed by Better Homes and Gardens-The Masiello Group | |||
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This home has been in the same family for over 50 years. Located just 8 minutes to I-91, and minutes to downtown amenities, this 3 bedroom 2 bath home, is waiting for its new owners. Property boasts recently installed granite kitchen counters, newer appliances and regularly serviced systems. With a little elbow grease and cosmetic updating, this could be the perfect home for you or someone you know. Come see for yourself. The manager has listed the unit size as 1384 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017