1108 W 7th Street
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 28, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | Listed by Mavenly Homes | $549,900 | |
| Listed by Mavenly Homes | |||
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Location, location, location! This stunning 3-story David Weekly Home offers everything you could want & more. Situated in a gated community directly across the street from the Heights hike/bike trail, Lawrence Park & the new MKT. This private community offers residents a pool (maintained by HOA) so you can relax & keep cool. Home boasts a great layout to host & entertain in your gourmet kitchen with stainless steel appliances, granite counters & wine fridge. You will love the hardwood floors found throughout, no carpet! High ceilings, crown molding & unique, modern light fixtures provide an understated elegance. Plenty of room, the secondary bedrooms are ideal for roommates, guests, children, or a home office. All bedrooms feature an en-suite bathroom for privacy & comfort. The primary retreat has vaulted ceilings, large walk-in closet & spa-like bathroom with a soaking tub are just what you need to get away from it all. Fridge, washer and dryer included. You will love living here!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017