59 Fairmount Ave
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 |
|---|---|---|---|
| May 23, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | Listed by North Star RE Agents, LLC | $495,000 | |
| Listed by North Star RE Agents, LLC | |||
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Location, Location- this terrific Oversized Split in a desirable neighborhood is sure to please! Set on a pretty side street, it features a lovely Living Room w/great natural light that is wide open to the ample Dining Room & well-laid out Kitchen. 3 Lg. Bedrooms, including a spacious Primary & the nicely updated Full Bath beautifully complete the 1st floor. Versatile walk-out LL offers more good space, w/spacious front to back Family Room, another large room perfect for Office or Guest Suite, plus a 3/4 Bathroom & Laundry. Great closet space, including a walk-in cedar in LL. Large, level lot has fenced rear yard & beautiful privacy plantings. Add’l amenities include New 1st floor paint & carpet, GAS heat, GAS H2O, New gutters, whole house fan & hardwired smokes (all 2 yrs), 6 ft. of ice/water shield on roof, large deck, plenty of parking & a Shed. Best of all is the location, very convenient to Schools, 495, NH shopping, Winnekenni Park, Commuter Rail & Haverhill’s quaint downtown!
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| Aug 31, 1994 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017