26
Map
3296 Fairview Drive
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 |
|---|---|---|---|
| Jul 8, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | In contract | - | |
| In contract | |||
| Feb 8, 2024 | Listed by Demarco Properties | $429,800 | |
| Listed by Demarco Properties | |||
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OPPORTUNITY KNOCKS. SOLID HOME IN BEAUTIFUL NEIGHBORHOOD WITH NO HOA CONVENIENTLY LOCATED NEAR SHOPPING, PARKS AND LAKE WASHINGTON. HOME IS IN GOOD CONDITION AND HAS BEEN WELL MAINTAINED BUT COULD USE SOME COSMETIC UPDATES TO SUIT YOUR TASTE. MAJOR ITEMS ADDRESSED IN LAST 7 YEARS INCLUDE NEW ROOF, NEW A/C SYSTEM, WATER HEATER, HURRICANE RATED GARAGE DOOR, MICROWAVE, WATER PUMP, SECURITY LIGHTING, FENCE, NEW GUTTERS, ETC. HOUSE SITS ON OVER 1/2 ACRE FENCED CORNER LOT, WITH DOUBLE GATE ACCESS TO A DETACHED ONE CAR GARAGE/WORKSHOP WITH 220 AMP SERVICE FOR THE HOBBYIST. OVERSIZED ROLL DOWN DOOR, HOUSE WIRED FOR GENERATOR W/TRANSFER SWITCH. WOOD BURNING FIREPLACE, VAULTED CEILINGS, SPRINKLER SYSTEM, AND MORE!
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| Jul 22, 2016 | Sold | ||
| Sold | |||
| Oct 12, 2015 | Listed by Martin Lamb Real Estate Svc. | $279,000 | |
| Listed by Martin Lamb Real Estate Svc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017