8 Fairview Road
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 |
|---|---|---|---|
| Mar 17, 2025 | Sold | ||
| Sold | |||
| Feb 18, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Listed by Tache Real Estate, Inc. | $839,000 | |
| Listed by Tache Real Estate, Inc. | |||
| Jan 30, 2008 | Sold | ||
| Sold | |||
| Dec 29, 2007 | Listed by Tache Real Estate, Inc. | $469,900 | |
| Listed by Tache Real Estate, Inc. | |||
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Extremely rare oppurtunity to live on pristine waterfront street near Marblehead line. Custom Contemporary ranch in perfect condition. Corian coutertops, and skylight in large well appointed eat in kitchen. Cental air conditioning. Gorgeous sunfilled 2nd floor family room with deck overlooking Salem Harbor. Newer systems and 200 Amp electric. Attached garage and more. Second floor family room could be converted to third bedroom if needed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017