516 S FAIRVIEW ST
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 |
|---|---|---|---|
| Dec 29, 2017 | Sold | ||
| Sold | |||
| Oct 12, 2017 | Listed by Coldwell Banker Realty | $300,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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What an amazing opportunity! Great Custom Built home, only 14 years young with over 3,000 luxurious square feet above grade plus the full basement, completely finished with a walk-up, convenient Guest Room on first floor(it could also be the Master Suite or an in-law suite, if needed), an over-sized detached 2-car garage with extra parking space, in pristine condition and at an unbelievable price! The interior has been upgraded with beautiful hardwood floors throughout the first floor, except for the kitchen (which has a tiled floor) and in all the bedrooms. Custom paint throughout, new Stainless steel appliances, including a double oven and built-in Microwave oven and new light fixtures throughout. You will appreciate the spacious laundry room (12 X 10), the very large workout room (25 x 10) and the TV room (18 X 15) all located in the lower level! The Master suite offers a very large walk-in closet and a, just as large, bathroom with jetted garden tub and shower stall. With a very functional and open floor plan and tasteful overall decor, it would be easy to fall in love with this home. Top all this with the great savings on utility bills provided by the Solar Panels system, being conveyed with the home and transferable to the new owner. So, don't delay, go ahead and schedule an appointment today!
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| Feb 26, 2014 | Sold | ||
| Sold | |||
| Jan 7, 2014 | Listed by First Jersey Realty Group | $239,900 | |
| Listed by First Jersey Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017