737 E Fairmount Road
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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 |
|---|---|---|---|
| Dec 17, 2022 | No longer available | - | |
| No longer available | |||
| Nov 4, 2022 | In contract | - | |
| In contract | |||
| Oct 1, 2022 | No longer available | - | |
| No longer available | |||
| Sep 30, 2022 | Listed by Media West Realty | $1,999,000 | |
| Listed by Media West Realty | |||
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Magnificent one-of-a-kind home on an amazing property that could possibly encompass two lots if subdivided! Enter into the inviting foyer highlighted by a beautiful brick fireplace and a wood-beamed, slanted high ceiling. As you move throughout this respectfully maintained home, notice the timeless beauty and modern farmhouse features throughout that reflect the wonderful lifestyle this enchanting home affords. The open floorplan provides a seamless flow from the living room, dining area, and kitchen, offering a grand, light, and bright space, to entertain family and friends. Relax by the brick fireplace, read a book on the built-in bench, or simply hang out and watch tv in the large seating area of this irresistibly comfortable living room. The rustic charm of the gorgeous kitchen, the heart of the home, includes a sizable island, quartz countertops, an abundance of storage and counterspace, subway tiled backsplash, farmhouse apron sink, and stainless-steel appliances including a fantastic Thermador stove. This is the perfect place to whip up delicious homemade meals and enjoy at the adjacent dining area accentuated by a uniquely rustic fireplace. To decompress at the end of a busy day, retreat to the private primary bedroom with an en-suite bathroom complete with shower tub, large sink vanity, and shelving storage. The other sizable bedrooms are bright and peaceful spaces. The second full bathroom sits in between two bedrooms and has a large walk-in shower and large vanity with dual sinks. Other home highlights include elegant, engineered wood flooring, recessed lighting, barn doors, shiplap ceilings, beadboard walls, beverage refrigerator(s), laundry room with laundry hookups, and an adjacent half bathroom. The impressive outdoor spaces are equally alluring and reflect the epitome of living the idyllic Southern California outdoor lifestyle! The covered brick patio, outdoor kitchen, and BBQ area is the perfect spot to enjoy gatherings with family and friends. The separate lounge area, sparkling swimming pool with a sun shelf and umbrella option, waterfall feature, and spa is another spot that presents fun for everyone! The second lot, with a guest house, provides numerous possibilities to create another beautiful story on this remarkable piece of land. This enchanting property is worthy of admiration from those who appreciate and value all that living in the Burbank Hills has to offer. Don’t miss this rare opportunity to make this home yours! The manager has listed the unit size as 2117 square feet.
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| Sep 23, 2022 | Price Decreased |
$1,999,000
↓ $101K
(4.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017