75 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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Listed | $599,900 | |
| Listed | |||
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Welcome to your new home in one of Saugus’ most sought-after neighborhoods. This well-maintained property features three bedrooms, 2.5 bathrooms an oversized yard, a patio space and new backyard deck. The kitchen features granite countertops, updated tile flooring, and modern appliances—including a gas range, refrigerator, water heater, and heating system. Major updates have already been taken care of—just move in and make it your own. Conveniently located near major highways with easy access to Boston.
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| Jul 6, 2015 | Sold | ||
| Sold | |||
| Apr 2, 2015 | Listed by RE/MAX Leading Edge | $275,000 | |
| Listed by RE/MAX Leading Edge | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017