62 FAIRGROUND AVE
About This Property
The main level includes glass sliding doors in the dining room leading to a deck, seamlessly connecting indoor and outdoor living. Enjoy a level lot with a nicely sized front and backyard, perfect for outdoor activities or gardening. The private, fenced-in backyard ensures privacy and security, making it an ideal spot for relaxation or play.
Parking is a breeze with ample space on the concrete driveway and additional room for guests. A shed in the backyard provides extra storage for tools and outdoor equipment.
Situated in a convenient location, this home offers the perfect balance of comfort, space, and outdoor enjoyment, making it a must-see for potential buyers.
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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 8, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Price Decreased |
$339,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Sep 26, 2024 | Relisted | $349,900 | |
| Relisted | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017