1928 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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| Feb 13, 2024 | Listed by Real Broker LLC | $311,000 | |
| Listed by Real Broker LLC | |||
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Discover this 1920s bungalow, boasting over 2,100 square feet of living space, located just blocks from UNC Campus with easy access to hwy 85 and 34. Featuring 3 bedrooms on the main level and 2 additional bedrooms in the basement, alongside 2 baths, it's a home ripe with potential. The open floor plan awaits your personal touch, complemented by newer windows and roof. This property offers a unique opportunity to blend historic charm with your modern vision. Ideal for those valuing proximity to academia, convenience, and a project brimming with potential.
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| Sep 3, 2021 | Sold | ||
| Sold | |||
| Jul 3, 2021 | Listed by Compass-Denver | $329,900 | |
| Listed by Compass-Denver | |||
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Located just blocks to the UNC Campus with quick and easy access to hwy 85 and 34, this quintessential turn of the century bungalow offers over 2,100 square feet of living space, a wide open floor plan, and has been beautifully updated throughout! The large covered front porch warmly welcomes you into a sun drenched home where the structural integrity, incomparable original woodworking, and the near majestic door knobs all remain in tact. The main level offers a large family room, a dining room fit for many, 3 large bedrooms all of which have custom built in dressers AND walk in closets for maximum floor space, an updated full bathroom, a bright and airy kitchen with slab granite, new backsplash, new tile flooring, newly plumbed/added dishwasher, refrigerator, and a stove/oven! Downstairs you will find a huge laundry and storage room, 2 massive bedrooms and a 3/4 bath. NEW high efficiency windows throughout! NEW roof! And a detached garage and/or storage unit for all of your needs!!
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| Jun 18, 2021 | Listed | $329,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017