2005 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 |
|---|---|---|---|
| Mar 1, 2024 | Sold | ||
| Sold | |||
| Jan 10, 2024 | No longer available | - | |
| No longer available | |||
| Jan 8, 2024 | Listed by RE/MAX Alliance-Greeley | $355,000 | |
| Listed by RE/MAX Alliance-Greeley | |||
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Location, quality, and affordability- 2005 7th Ave has them all! Within steps of UNC, this updated and charming property makes for the perfect investment opportunity or a home to call your own. The open layout boasts real hardwood floors, three bedrooms plus an office (potential fourth bedroom) and 2 fully renovated bathrooms (with new plumbing) showcase how much love has been put into the home. But the fully finished basement tops it off with the perfect amount of space and comfort to this already beautiful home. The exterior offers a fenced backyard with the addition of 1 car garage and off-street parking. A great location, the quality of care and work, and an unbeatable price proves that 2005 7th Ave is your new home!
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| Nov 16, 2023 | Listed | $355,000 | |
| Listed | |||
| Jun 14, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017