862 Fermoore Street
About This Property
Welcome to this charming two-bedroom, one-bath residence, perfectly situated on a tree lined street in a highly sought after San Fernando neighborhood. As you enter, you will be greeted by a spacious main living room numerous newer windows flood the space with natural light. The cozy dining area features new window, new paint, and newer flooring. Kitchen features newer flooring , newer cabinets, newer paint through out and also new window. Laundry room is off the kitchen for your convenance. Bathroom has also been recently upgraded. Bonus room is off the second bedroom that is currently being used as a den/family room has a sliding glass door the leads to the backyard. Large driveway flows into a 2 car detached garage. RV access. Good spacious size backyard. Central AC and Heat. Newer plumbing. Walking distance to parks and shopping.
Home has Solar Panels. Solar panels will be PAID OFF before close of escrow.
Must see to appreciate the endless opportunities on this home. Text agent today to schedule your appointment.
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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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 25, 2024 | Relisted | $699,000 | |
| Relisted | |||
| Jun 19, 2024 | Listed by Park Regency Realty | $699,000 | |
| Listed by Park Regency Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017