2134 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 31, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | Price Decreased |
$320,000
↓ $15K
(4.5%) | |
| Price Decreased | |||
| Oct 25, 2024 | Listed | $334,900 | |
| Listed | |||
| Jun 5, 2024 | Price Decreased |
$359,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
| May 2, 2024 | Listed | $365,000 | |
| Listed | |||
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Price improved!! Great Location! Just a few blocks from UNC Campus and Easy Access to 34 and 85. This 1928 raised ranch has primarily been used and rented as a single unit, however it does feature two fully functional kitchens and 2 entrances, 2 bedrooms, one bath up and 2 bedrooms, one bath down. Don't miss out on this opportunity, schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017