5 Fairview 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 6, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | In contract | - | |
| In contract | |||
| Mar 27, 2024 | Listed by Compass | $798,000 | |
| Listed by Compass | |||
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Welcome to 5 Fairview Avenue, situated in the desirable Davis neighborhood of Bedford! Outside, the property welcomes you with fresh landscaping and paint. Inside, this home brings the outdoors in with a stunning year-round sunroom with cherry hardwoods & ceilings, full of windows & natural light. The open floorplan of the main living area is an entertainers dream with open sightlines. The kitchen has been updated & offers plenty of storage. The living area has a gas fireplace and sliding doors that frame the view of the Concord River (visible in winter) and leads you to the deck, plus a patio with built-in firepit in the backyard. The main floor bathroom has a walk-in shower and cabinetry for storage. Enjoy the oversized windows and dual closets in the main bedroom. Downstairs has potential as an in-law space with its own private entrance, flex space (which used to be a kitchenette), full bathroom, bedroom and den. Come see the versatility that 5 Fairview has to offer!
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| Feb 20, 1979 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017