7-1/2 Fairview 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 |
|---|---|---|---|
| Feb 1, 2024 | Sold | ||
| Sold | |||
| Dec 5, 2023 | In contract | - | |
| In contract | |||
| Nov 30, 2023 | Listed by Orbit Realty | $350,000 | |
| Listed by Orbit Realty | |||
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A newly remodeled home in Dudley priced under 400k! BRAND NEW: heating system, electric, plumbing, dishwasher, microwave, kitchen, bathrooms, flooring, paint, light fixtures, deck, garage floor, garage door, pool cover and gutters. Roof is 5 years new. Three bedrooms (first floor bedroom has a private bathroom), two bathrooms, first floor laundry, one car garage, and a walk out basement for future expansion. Great .34 acre retreat lot, set off the road. In Ground pool & Shed. Large back yard and a new deck. Seller can close quickly.
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| May 16, 2008 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017