347 Fairmont Road
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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 |
|---|---|---|---|
| Dec 7, 2025 | Relisted | $1,075,000 | |
| Relisted | |||
| Nov 24, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Listed | $1,435,000 | |
| Listed | |||
| | |||
|
TOTALLY RENOVATED HOME!!! 5 Beds, 3 COMPLETELY REMODELED baths, BRAND NEW heated pool, patio & fence, in the man gated community of The Lakes. Largest floorplan available in the neighborhood (3416 sqft), across passive park. 2021 impact windows, 2021 REMODELED kitchen & marble floors, 2018 roof with 2025 solar panels, new paint & much more. LG appliances, farm sink & modern custom cabinets. Wood burning fireplace. Separate AC laundry room & 2 car garage with epoxy floors. One bedroom downstairs. Electric shades. Elegant front door. Treated water for the whole house. Tranquil new fenced in backyard for ultimate privacy. MOVE IN READY AT TOP SCHOOL AREA!!!
| |||
| Oct 10, 2022 | Sold | ||
| Sold | |||
| Aug 3, 2022 | Listed by BHHS EWM Realty | $1,150,000 | |
| Listed by BHHS EWM Realty | |||
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About Weston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017