46 Fairmount Ave
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 |
|---|---|---|---|
| Jan 9, 2020 | Sold | ||
| Sold | |||
| Dec 15, 2017 | Sold | ||
| Sold | |||
| Feb 16, 2010 | Sold | ||
| Sold | |||
| Jan 10, 2010 | Listed by Leading Edge Real Estate | $259,900 | |
| Listed by Leading Edge Real Estate | |||
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Nice Cape in great condition (new roof, recently painted, new garage door, etc.) with solid bones and ready for you to make it yours. Excellent starter or retirement home. Huge lot with plenty of space for a swing set or pool. Close to 495 for easy commuting.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017