940 Fairview Avenue #1
About This Property
The manager has listed the unit size as 1544 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 22, 2022 | No longer available | - | |
| No longer available | |||
| Apr 28, 2022 | In contract | - | |
| In contract | |||
| Apr 14, 2022 | Relisted | $820,000 | |
| Relisted | |||
| Apr 1, 2022 | In contract | - | |
| In contract | |||
| Mar 23, 2022 | Listed | $820,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/23/2022
|
3 Bed
|
3 Bath
|
1544 ft²
|
$820,000
3 Bed
3 Bath
1544 ft²
|
-
-
|
Monica Kiang
Grand Property Services
| |
|
02/19/2019
|
3 Bed
|
3 Bath
|
1588 ft²
|
$641,000
3 Bed
3 Bath
1588 ft²
|
$639,000
-0.31%
06/18/2019
|
Jenny Ma
Sunny Realty Group, Inc.
| |
|
01/31/2019
|
3 Bed
|
3 Bath
|
1544 ft²
|
$605,000
3 Bed
3 Bath
1544 ft²
|
$595,000
-1.65%
05/28/2019
|
RUDY LIRA KUSUMA
Your Home Sold Guaranteed Rlty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017