540 Fairview Avenue #37
About This Property
The manager has listed the unit size as 1605 square feet.
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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 |
|---|---|---|---|
| Jun 6, 2024 | No longer available | - | |
| No longer available | |||
| May 11, 2024 | In contract | - | |
| In contract | |||
| May 3, 2024 | Listed | $798,000 | |
| Listed | |||
| Dec 12, 2018 | Sold | ||
| Sold | |||
| Sep 7, 2018 | Listed | $658,000 | |
| Listed | |||
| | |||
|
Walking into this Arcadia condo, you will be pleasantly surprised by how spacious it feels throughout all 1,605 square feet. The main living area lends itself beautifully to entertaining, thanks to its open floor plan. The hardwood floors which carry throughout the main living and dining area, as well as, the master suite, are in pristine condition. Your new kitchen comes with more than enough cabinets and counter space for you to cook up a storm. Not included within the square footage of this condo is a surprise bonus room or sunroom which makes a cozy reading nook, craft room, or home office. Be prepared to be swept away by both the size and the serenity provided by your new master suite. The bedroom is illuminated by a bank of windows which usher in floods of natural light. Go ahead and bring your California King, because there is plenty of room. The master bathroom offers you plenty of storage. Both of the other bedrooms are also surprisingly spacious and are perfect for either children or guests. In addition to the modern aesthetic and square footage, this condo also comes with a two-car enclosed garage, laundry within the unit, and plantation shutters throughout. You will be glad that grocery stores and other conveniences are within walking distance. Most importantly of all, however, is that this home is located within the Arcadia School District. Don't let this condo slip through your fingers. Book your showing today.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/18/2025
|
2 Bed
|
1 Bath
|
1270 ft²
|
$675,000
2 Bed
1 Bath
1270 ft²
|
$648,000
-4.00%
03/16/2026
|
PAULINE CHENG
Wetrust Realty
| |
|
05/03/2024
|
3 Bed
|
2 Bath
|
1605 ft²
|
$798,000
3 Bed
2 Bath
1605 ft²
|
-
-
|
Wenqian Zhou
Keller Williams Realty
| |
|
08/13/2022
|
2 Bed
|
2 Bath
|
1247 ft²
|
$625,000
2 Bed
2 Bath
1247 ft²
|
-
-
|
Wenqian Zhou
Keller Williams Realty
| |
|
08/12/2022
|
2 Bed
|
2 Bath
|
1256 ft²
|
$650,000
2 Bed
2 Bath
1256 ft²
|
-
-
|
Sharon Liu
Re/Max Premier Prop Arcadia
| |
|
05/31/2019
|
2 Bed
|
2 Bath
|
1253 ft²
|
$485,000
2 Bed
2 Bath
1253 ft²
|
$475,000
-2.06%
10/04/2019
|
Jill Chen
The Realestate Group
| |
|
08/23/2019
|
2 Bed
|
1 Bath
|
1270 ft²
|
$550,000
2 Bed
1 Bath
1270 ft²
|
$550,000
12/04/2019
|
Zachary Godfrey
Coldwell Banker Arcadia
| |
|
09/07/2018
|
3 Bed
|
2 Bath
|
1605 ft²
|
$658,000
3 Bed
2 Bath
1605 ft²
|
$638,000
-3.04%
12/11/2018
|
Dharshini Venkateswaran
Century 21 Adams & Barnes
| |
|
06/20/2018
|
2 Bed
|
1 Bath
|
1270 ft²
|
$579,900
2 Bed
1 Bath
1270 ft²
|
$570,000
-1.71%
08/01/2018
|
KUO-CHIH CHEN
CTC Investment Properties, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017