7243 Fairmount Avenue
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 28, 2023 | Sold | ||
| Sold | |||
| Dec 1, 2022 | Listed by Five Star Real Estate-Jackson | $129,900 | |
| Listed by Five Star Real Estate-Jackson | |||
| Nov 12, 2022 | No longer available | - | |
| No longer available | |||
| Oct 6, 2022 | Listed by JACKSON REALTY, LLC | $139,900 | |
| Listed by JACKSON REALTY, LLC | |||
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Peaceful private wooded setting. Cute fixer upper in Napoleon Schools. 1 Bedroom cottage with detached 31/2 car garage built on top of a walkout basement. Ready to be finished to add almost 1,000 sq ft. of living space. The manager has listed the unit size as 800 square feet.
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| Nov 7, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017