41 Fairview Street
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 29, 2020 | Sold | ||
| Sold | |||
| Jan 13, 2020 | Listed by RE/MAX All Seasons Realty | $105,000 | |
| Listed by RE/MAX All Seasons Realty | |||
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Inviting Newport Colonial Home, 4 bedrooms, New roof, flooring, oil tank and numerous other improvements. Vast side yard for gardens and play areas, enclosed front porch, large kitchen, formal dining room and spacious living room. Downstairs bedroom. Attached over sized garage suitable for workshop, conveniently located on the East Side of Newport. Would suit requirements for 100% loans.
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| Aug 23, 2019 | Sold | ||
| Sold | |||
| Apr 29, 2019 | Listed by RE/MAX All Seasons Realty | $59,000 | |
| Listed by RE/MAX All Seasons Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017