53 Fairmount 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 16, 2025 | Sold | ||
| Sold | |||
| Oct 25, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Listed by RE/MAX Innovative Properties | $849,900 | |
| Listed by RE/MAX Innovative Properties | |||
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BELVIDERE Hill Historic District. This classic Colonial Revival style home blends timeless features with modern comfort. Featuring 6 bedrooms across multiple levels, it showcases stunning woodwork, solid wood doors, built-ins, rich hardwood floors, pocket doors, & beautiful stained-glass windows. Recent updates include Hardie Plank siding, vinyl replacement windows, updated electrical system, & a tankless natural gas hydronic heat system & ducted mini splits for heating for efficiency. A distinctive widow’s walk adds architectural appeal, & a screened porch provides the perfect spot to enjoy summer evenings. The finished attic offers flexible space for a home office, studio, or guest suite, while the partially finished basement—with full bath, bedroom, Kitchen hook-ups, & separate entrance and covered patio—presents excellent ADU potential. Set on a tree-lined street near parks, schools, downtown, and major routes, this home perfectly combines history, elegance, and practicality.
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| Jun 10, 2019 | Sold | ||
| Sold | |||
| Mar 17, 2019 | Listed by Coldwell Banker Residential Brokerage - Tewksbury | $539,900 | |
| Listed by Coldwell Banker Residential Brokerage - Tewksbury | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017