607 Fairmount
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 |
|---|---|---|---|
| Nov 15, 2013 | Sold | ||
| Sold | |||
| Jun 19, 2013 | Listed by HomeSmart Professionals Real Estate | $150,000 | |
| Listed by HomeSmart Professionals Real Estate | |||
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Seller to entertain all reasonable offers!!! Seller is motivated and this is your chance to get a spectacular home at a great price. Every inch of interior space has been touched, updated, improved! Beautiful new kitchen with granite, new stainless steel appliances, and titlework. Bathroom on first just added w/ hookups for 1st floor laundry. Seller did the renovations the right way, all permits pulled! A home that any homeowner would be proud to have friends and family at. Right down the street from newer construction and the North Smithfield line.
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Address: 335 Madison Avenue, New York, NY 10017