122 7th Ave
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 |
|---|---|---|---|
| Jul 10, 2023 | Sold | ||
| Sold | |||
| Apr 5, 2023 | Listed by Berkshire Hathaway HomeServices Rocky Mountain, REALTORS | $524,900 | |
| Listed by Berkshire Hathaway HomeServices Rocky Mountain, REALTORS | |||
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SETTLE UP & SETTLE INTO THIS GORGEOUS NEW HOME! Located in the new Farm Subdivision on a .36-acre Corner lot, this modern 3 bed 3 bath ranch offers a finished 3-car garage with 8' tall overhead doors & upgrades galore. The spacious open floor plan features vaulted ceilings, main level amenities, stone surround gas fireplace in the living room, stunning granite countertops, guest powder room, luxury 5 piece master bath with a freestanding tub AND INCLUDES upgrades such as kitchen appliances* gas range + hood* soft close cabinets* 8' doors throughout* smart lighting* 9' basement ceilings* basement bathroom rough-in* LED lighting in garage* central A/C* tankless water heater* full landscaped front yard with sprinkler PLUS fiber optic internet access. BUYER INCENTIVE: Get an additional $3,500 towards your closing costs through the preferred lender.
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| Jan 9, 2023 | Listed | $524,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017