4821 N FAIRFIELD AVE #1
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%.
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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 13, 2022 | Sold | ||
| Sold | |||
| Mar 16, 2022 | Listed by Dream Town Realty | $280,000 | |
| Listed by Dream Town Realty | |||
| | |||
|
Central Lincoln Square location conveniently located near the Rockwell Brown line stop, Goosefoot restaurant and HarvesTime grocery store. Connect easily with the Chicago River paths for running, biking and boating. This high 1st floor unit has an abundance of light and storage along with many nice updates. 2 year old HVAC, smart thermostat, and newer dishwasher. Lots of closet space and 2 nicely finished bathrooms with one being on suite. Great kitchen with stone countertops and stainless appliances with plenty of room for a kitchen table or an island. Kitchen also has an oversized pantry. The back deck overlooks Gross Park. In unit washer/dryer, additional storage, and a bike room. Association also recently replaced the roof on the building. Easy street parking all around along with rental options in the neighborhood.
| |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Mar 17, 2020 | Price Decreased |
$267,500
↓ $3K
(0.9%) | |
| Price Decreased | |||
| Mar 7, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/16/2022
|
2 Bed
|
2 Bath
|
-
|
$280,000
2 Bed
2 Bath
|
$281,000
+0.36%
05/23/2022
|
John Campas
Dream Town Realty
| |
|
05/02/2019
|
2 Bed
|
2 Bath
|
-
|
$295,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
03/30/2007
|
2 Bed
|
2 Bath
|
-
|
$279,500
2 Bed
2 Bath
|
$270,000
-3.40%
07/30/2007
|
Cecilia Kuhlmann
Berkshire Hathaway HomeServices Chicago
| |
|
08/28/2006
|
2 Bed
|
2 Bath
|
1100 ft²
|
$260,000
2 Bed
2 Bath
1100 ft²
|
$245,000
-5.77%
04/26/2007
|
Brian Howe
Lincoln Realty Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017