1
Map
8 Fairbanks Drive
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 |
|---|---|---|---|
| Jun 18, 2009 | Sold | ||
| Sold | |||
| Mar 20, 2009 | Listed | $570,000 | |
| Listed | |||
| Jun 1, 2007 | Sold | ||
| Sold | |||
| Dec 27, 2006 | Listed by RE/MAX Real Estate Center | $599,900 | |
| Listed by RE/MAX Real Estate Center | |||
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Three year young Colonial in cul-de-sac neighborhood. Hardwood floors throughout 1st floor, Cherry kitchen with corian counters. 2 1/2 baths with Corian Counters and tiled floors, Attached 24x16 family room with fireplace & cathedral ceiling, Master Bath with whirlpool tub, Professionally landscaped lot with irrigation system and beautiful stone walls. Walk out basement waiting to be finished! Close to routes 1, 495 and 95.
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| Oct 25, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017