540 Fairview Avenue #40
About This Property
The manager has listed the unit size as 1247 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 10, 2022 | No longer available | - | |
| No longer available | |||
| Sep 24, 2022 | In contract | - | |
| In contract | |||
| Aug 13, 2022 | Listed | $625,000 | |
| Listed | |||
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