29
Map
7574 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 10, 2023 | Sold | ||
| Sold | |||
| Feb 15, 2023 | Listed by Century 21 Tenace Realty Inc | $249,900 | |
| Listed by Century 21 Tenace Realty Inc | |||
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|
Wow!! Great unit! Tile floors, updated kitchen with stainless steel appliances. Large unit, queen model. Large utility room with full-size washer & dryer. The central air conditioner was replaced in late 2022. Great building, has been painted(this month, (Feburary 2023), Elevators will be updated, Roof is about 6 months old. Beautiful wide water view from your oversized patio. Hurricane shutters. Live as if you are on vacation every day. Impressive clubhouse with indoor pool and hot tub so many activities you’ll be busy all day. Maint covers water, trash, sewer, internet & cable with some premium channels. Parking is in the front row right in front of building entrance #310.
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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 |
|---|---|---|---|---|---|---|---|
|
02/15/2023
|
2 Bed
|
2 Bath
|
1500 ft²
|
$249,900
2 Bed
2 Bath
1500 ft²
|
$238,000
-4.76%
10/10/2023
|
Ana Gonzalez
The Valenzuela Real Estate Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017