115 SE 7th Street
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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 |
|---|---|---|---|
| Aug 4, 2023 | No longer available | - | |
| No longer available | |||
| Jul 16, 2023 | Listed by Keller Williams Realty Services | $789,000 | |
| Listed by Keller Williams Realty Services | |||
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LOCATION! Half mile to artsy Atlantic Ave. Walk to mature dining, entertainment, and eclectic art museums. Or, Take a refreshing 15 minute bike ride to the beach. This lushly landscaped escape is located amongst multi-million dollars residences in beautiful Osceola Park, directly across the street from a tranquil and newly updated park and walking path. If you like NEW, the property offers plenty. Built in 2007, beautifully renovated and decorated for even the most discerning buyer. NEW kitchen, with quartz counters and stainless steel appliance; NEW HVAC; NEW water heater; Newly painted; NEWLY remodeled bathrooms. Impact windows and metal roof. Security Cameras. Price reflects fully furnished - TURNKEY. Plenty of space for a pool. Lease or purchase. The manager has listed the unit size as 1242 square feet.
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| Jul 7, 2023 | No longer available | - | |
| No longer available | |||
| Jun 28, 2023 | Price Decreased |
$789,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| May 30, 2023 | Listed by Keller Williams Realty Services | $799,000 | |
| Listed by Keller Williams Realty Services | |||
| | |||
|
LOCATION! Half mile to artsy Atlantic Ave. where you may choose to walk to mature dining, entertainment, and eclectic art museums. Or, Take a refreshing 15 minute bike ride to the beach. If a quiet night at home is what you desire, enjoy the BBQ in the fully fenced backyard and spacious patio. Property is located directly across the street from a newly updated park and walking path. If you like NEW, the property offers plenty. Built in 2007, beautifully renovated and decorated for even the most discerning buyer. NEW kitchen, with quartz counters and stainless steel appliance; NEW HVAC; NEW water heater; Newly painted; NEWLY remodeled bathrooms. Impact windows and metal roof. Security Cameras. Furniture and decor negotiable. Plenty of space for a pool. The manager has listed the unit size as 1242 square feet.
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About Osceola Park
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KW Innovations
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10582579
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017