46 Fairmount Avenue
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 | |||
| Oct 16, 2019 | Listed by Leading Edge Real Estate | $459,900 | |
| Listed by Leading Edge Real Estate | |||
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Warm and welcoming 7 room Cape Cod style home featuring 3 bedrooms, living room with cathedral ceiling and skylight, kitchen with newer double oven and double dish washer, granite counters and peninsula with seating open to dining area, spacious 20' 1st floor master bedroom, updated full bath with whirlpool tub, desirable 1st floor family room addition with cathedral ceiling, skylight and atrium door to newer trex deck, hardwood flooring, central air, updated roof, newer gas heat (5 years old), fenced, level lot with heated (electric) inground pool with cement patio, storage shed and irrigation system, perfectly located in desirable Lynnhurst neighborhood.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017