9 Fair Lane
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%.
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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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Listed by Better Living Real Estate, LLC | $835,000 | |
| Listed by Better Living Real Estate, LLC | |||
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CORNER LOT- BEAUTIFULLY MAINTAINED -Doesn't get any better than this! Established Executive neighborhood.Country setting yet close to route 44, 24, 495, 138, train station, Cape cod, Boston, Plymouth, Providence, and Newport.Located next to a farm which has a store with fresh vegetables and other items for sale. On a quiet Cul-de-Sac on 1.03 Acres.Great for dog walking and riding bikes. Gleaming Hardwood floors throughout. Vaulted ceiling in family room. 4 Bedrooms, 2 1/2 baths with one located in the master bedroom. Jacuzzi Tub! 2,788 square feet. Additional 112 sq feet partially finished.(total 2900 sf) Spacious Attic! Large spacious rooms great for entertaining at the holidays. 1st floor office and laundry! 2 Zones. Window Screens. Gutter Screens. Smart Siding. Pella Windows. Roman Shades. Back yard is private. 12x15 deck-newly painted! Hip Roof! Sprinkler system! Underground utilities! NEW hot water tank. FINISHED garage 24x24 w/overhead heat. SS appliances.open 3/10 11am-1pm
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017