412 Fenimore Street #2
About This Property
This floor-through home begins with an open-concept living room, dining room, and kitchen saturated with natural light. The living area flows out onto a large terrace spanning the width of the apartment, while the kitchen is adorned with an eat-in island, gleaming Caesarstone countertops and backsplash, custom two-tone cabinets, and a suite of Samsung, GE, and Blomberg appliances. Both bedrooms have ample closet space and easy access to a full bathroom with matte black Fine fixtures and a deep tub with a Delta shower.
The Fenimore is a chic boutique condominium nestled in the desirable Prospect Lefferts Gardens neighborhood. Composed of several contiguous buildings with redbrick facades and wood accents, The Fenimore has several amenities that include a virtual doorman system, a secure package area, and a common rooftop deck with picturesque neighborhood views. The building is moments from trendy restaurants, bars, cafes, and shops like Brooklyn Artisan Bakehouse, The Rogers Garden, Aunts et Uncles, Zanmi, and Camillo. It is close to Prospect Park, the Prospect Park Zoo, and Brooklyn Botanic Garden, and accessible subway lines include the 2, 5, B, Q, and S. Pets are welcome.
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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 |
---|---|---|---|
Apr 19, 2024 | Sold | ||
Sold | |||
Feb 29, 2024 | In contract | - | |
In contract | |||
Jan 4, 2024 | Relisted | $800,000 | |
Relisted | |||
Jan 1, 2024 | No longer available | - | |
No longer available | |||
Jul 21, 2023 | Listed by Nest Seekers LLC | $800,000 | |
Listed by Nest Seekers LLC |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/13/2023
|
2 Bed
|
3 Bath
|
-
|
$1,175,000
2 Bed
3 Bath
|
$1,175,000
10/23/2023
|
-
|
Christian Haag
Nest Seekers International
| |
08/22/2023
|
1 Bed
|
1 Bath
|
-
|
$575,000
1 Bed
1 Bath
|
$575,000
09/21/2023
|
-
|
Jason Tsalkas
Compass
| |
07/21/2023
|
2 Bed
|
2 Bath
|
937 ft²
|
$800,000
2 Bed
2 Bath
937 ft²
|
$814,600
+1.83%
04/19/2024
|
-
|
Jason Tsalkas
Compass
| |
05/31/2023
|
2 Bed
|
2 Bath
|
826 ft²
|
$750,000
2 Bed
2 Bath
826 ft²
|
$750,000
09/06/2023
|
-
|
Jason Tsalkas
Compass
| |
05/24/2023
|
1 Bed
|
1 Bath
|
-
|
$500,000
1 Bed
1 Bath
|
$500,000
10/02/2023
|
-
|
Jason Tsalkas
Compass
|
Building Info
