3651 Fairway Boulevard
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Feb 2, 2025 | Listed by Christie's International Real Estate SoCal | $1,699,000 | |
| Listed by Christie's International Real Estate SoCal | |||
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OFFERS DUE TUESDAY, FEB. 11TH at 5:00PM. Nestled in one of the best pockets of View Park, this home has not been on the market in over 50 years. Unusual 2 story vintage Spanish style, with 4 intact original bathrooms. The "bones" are great, with a sweeping curved staircase in the magnasite-lined, two-story entry foyer. Lot's of other coveted original detail is intact, including wall sconces in every room, steel casement windows with roll down screens, and amazing "wedding cake moldings". The main house is 3,070 SF as per the Assessor, plus a Sunroom on the 2nd floor providing an additional 280 SF (and amazing views of the downtown skyline). In addition to the 3 upstairs bedrooms, one is a 2 room suite. The Principal Bedroom is huge. There is an un-permitted detached guest house of 400 SF, with full bath and kitchenette, and large viewing deck above. View Park is named for it's epic views - from the Hollywood Sign, Observatory, to Downtown. Total living space is approx. 3,650 SF. Large detached 2 Car garage, and a porte-cochere, plus additional driveway parking. This is a forever home with warmth and character. House needs work, but can certainly be enjoyed AS-IS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017