26
Map
56 Fairfax Rd
About This Property
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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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jul 18, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Price Decreased |
$649,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jun 2, 2025 | Price Decreased |
$659,000
↓ $11K
(1.6%) | |
| Price Decreased | |||
| May 21, 2025 | Listed by RE/MAX Preferred Properties | $669,900 | |
| Listed by RE/MAX Preferred Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/21/2025
| |
6 Bed
|
3 Bath
|
3387 ft²
|
$669,900
6 Bed
3 Bath
3387 ft²
|
$650,000
-2.97%
08/29/2025
|
Steve Antonucci
RE/MAX Preferred Properties
|
|
04/07/2017
| |
6 Bed
|
3 Bath
|
3387 ft²
|
$279,900
6 Bed
3 Bath
3387 ft²
|
$273,000
-2.47%
06/14/2017
|
Karen Russo
Coldwell Banker Residential Brokerage - Worcester - Park Ave.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017