718 N Fairview Avenue
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 22, 2024 | Sold | ||
| Sold | |||
| Feb 5, 2024 | Listed by Realty One Group Ethos | $550,000 | |
| Listed by Realty One Group Ethos | |||
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Mount Prospect forever home featuring three bedrooms, two full and one half bath, and a two-car attached garage near Prospect High School. The kitchen, equipped with modern stainless steel appliances and granite countertops, offers a delightful space for dining. A sun-filled living room adorned with hardwood floors and crown molding serves as an open-concept space for living and dining. There is an additional formal dining room adjacent to the kitchen. The second level showcases hardwood flooring, a whole house fan, a generously sized primary bedroom with dual closets (including one large walk-in), and a renovated ensuite bathroom boasting separate vanities. Two additional spacious bedrooms and an updated full bathroom with marble surround and ample linen storage complete this level. A huge and multifunctional mudroom/laundry room on the main floor, featuring custom built-in cubbies, adds to the home's charm. The beautifully finished basement boasts recreation space, custom built-ins and abundant storage options. Outside, a private landscaped backyard with a newly installed fence invites relaxation and entertaining, complemented by a sizable 14x20 brick patio featuring a pergola and a separate fire pit area. Additional highlights include a two-car attached garage with pull-down attic storage and a custom shed for storage. Conveniently located close to parks, shopping, dining, and just minutes away from the Metra Train and Interstate 294. You will want to walk this property as there are so many features that make this a forever home.
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| Sep 11, 2020 | Sold | ||
| Sold | |||
| Jul 30, 2020 | Listed by @properties | $439,900 | |
| Listed by @properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017