7475 Fairfax Drive #310
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 31, 2018 | Sold | ||
| Sold | |||
| Sep 12, 2018 | Listed by Agents Realty Group, LLC | $129,900 | |
| Listed by Agents Realty Group, LLC | |||
| | |||
|
Bank of America employees, household members or business partners prohibited from purchasing .Fantastic opportunity to own a fantastic queen model and enjoy the fabulous Kings Point life style. Has remodeled kitchen with granite counter tops. Great water view. Very active community, Buses take you to shows and clubs
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/12/2018
|
2 Bed
|
2 Bath
|
1450 ft²
|
$129,900
2 Bed
2 Bath
1450 ft²
|
$127,000
-2.23%
10/31/2018
|
Ed Gersten
Agents Realty Group, LLC
|
Building Info
About Fairfax Condominiums
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$2,800 /mo
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$4,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017