16 Seventh 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 |
|---|---|---|---|
| Sep 5, 2014 | Sold | ||
| Sold | |||
| Apr 30, 2008 | Sold | ||
| Sold | |||
| Jun 12, 2007 | Listed by RE/MAX Executive Realty | $279,900 | |
| Listed by RE/MAX Executive Realty | |||
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Wonderful Shell Pointe location. Walk to the beaches and village from this updated three bedroom home. All new appliances, updated electric, and seasonal waterviews. Sun-filled enclosed porch, private fenced-yard with patio complete the picture. Perfect opportunity for year-round, summer or investment.
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| Sep 1, 2005 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017