5 Fairmont 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 |
|---|---|---|---|
| May 28, 2013 | Sold | ||
| Sold | |||
| Oct 26, 2012 | Listed by Su Casa Real Estate | $219,900 | |
| Listed by Su Casa Real Estate | |||
| | |||
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Spectacular Renovated Home! An EXTREME MAKEOVER renovation has transformed this home to be the best Value in Worcester. A very efficient and low maintenance home will save you money for years to come. Enjoy this 3BR w/ 2.5 Bath on an established neighborhood. Enjoy a Master bedroom with a master bath. Home was gutted to the bones, all major system updated. A must see home, won't last! Expresso Cabinets w/Granite and stainless steel.
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| Jul 16, 2012 | Sold | ||
| Sold | |||
| May 29, 2012 | Listed by CIG Realty | $49,900 | |
| Listed by CIG Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017