51
Map
3940 Fairfax 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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 19, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Price Decreased |
$400,000
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Mar 26, 2026 | Price Decreased |
$415,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Mar 2, 2026 | Listed by Blue Marlin Real Estate | $420,000 | |
| Listed by Blue Marlin Real Estate | |||
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Peaceful Living with Powerful Upgrades! Tucked away on 1.13 acres, this 4-bedroom, 2.5-bathroom home blends comfort, efficiency, and flexibility in a private, semi-rural setting. Major updates include a new roof (2020), new A/C (2022), 2019 septic system, deep well, and a Generac 22K home generator for peace of mind. Paid-off solar panels, helping reduce your monthly expenses from the start. Inside, a chef's kitchen with a gas cooktop is ready to handle anything from weeknight dinners to weekend entertaining. Bring all your toys as this property is large enough to support them all. This property is in Flood Zone A, so flood insurance may be required depending on your loan type--yet it's priced accordingly and offers unbeatable value for the size and upgrades.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017