429 S Fairview Avenue
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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 25, 2024 | No longer available | - | |
| No longer available | |||
| Apr 13, 2024 | In contract | - | |
| In contract | |||
| Mar 22, 2024 | No longer available | - | |
| No longer available | |||
| Mar 20, 2024 | Listed by Landstar Realty Group, Inc. | $487,500 | |
| Listed by Landstar Realty Group, Inc. | |||
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Builders bring your clients! This corner lot in sought after schools is perfect for a 3 car garage design. Current plans and permit are available. Ready to go. Home being sold As- Is and the listing is for Land value. The manager has listed the unit size as 1023 square feet.
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| May 8, 2023 | Listed by Landstar Realty Group, Inc. | $1,699,999 | |
| Listed by Landstar Realty Group, Inc. | |||
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Another Quality Crafted home coming to Elmhurst! Smart home with 10' ceilings, 6 Bedroom, 4.1 Baths. Office, Formal Dining room, Breakfast room, Family room, Mudroom, gourmet chef's kitchen, walk in pantry, all on first floor. 5 Bedrooms Upstairs. Primary suite with spa like bathroom, double vanity and soaking tub. Full finished basement with wet bar, storage room, workout room (or 6th bedroom) and Full bath. 3-car garage. Hardwood floors throughout. Covered porch opens to outdoor entertaining area. Bring your custom concepts before construction begins. Photos are of similar build. Construction start TBD. The manager has listed the unit size as 3600 square feet.
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About Elmhurst
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Last Updated: 3 years ago
Data Source: MRED, MLS# 11706679
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Address: 335 Madison Avenue, New York, NY 10017