7305 FAIRMOUNT 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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Listed by Red Oak Realty | $895,000 | |
| Listed by Red Oak Realty | |||
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How often do we see such an inviting, charming home? It is as adorable as it looks! Inside and out! The house sits on a 4,200 sq ft lot. It truly is adorable, efficient, updated, light and bright, remodeled, cozy and very close to most everything you want. It boasts- On demand water heater, Some dual pane windows, a garage converted to a fabulous living space for office? family room? exercise room? game room ? - In fact, two sets of french doors open to the incredible, accessible level back yard. The back yard is landscaped, has mature trees, two veggie beds and room to be creative. Oh, and a garden shed! Walk score is 84 ! BART and El Cerrito Plaza is .5 miles. Great location for access to parks, trails, shops, cafes, grocery stores, movie theater, schools. No need to immediately spend your hard earned money on unseen sewer repairs - sewer is In Compliance! Come by, relax in the lovely yard. I'm looking forward to showing you this terrific home!
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| Oct 4, 2016 | Sold | ||
| Sold | |||
| Sep 6, 2016 | Listed by RED OAK REALTY | $649,000 | |
| Listed by RED OAK REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017