222 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 27, 2023 | Sold | ||
| Sold | |||
| May 10, 2023 | In contract | - | |
| In contract | |||
| Mar 8, 2023 | Listed by Piccolo Realty, LLC | $374,900 | |
| Listed by Piccolo Realty, LLC | |||
| Jan 27, 2023 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by RE/MAX Preferred - Mullica Hill | $30,000 | |
| Listed by RE/MAX Preferred - Mullica Hill | |||
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Here is a 40x100 building lot available. It is the buyer's responsibility to verify with the township that this is a buildable lot. It appears a 10" variance will be needed. There are numerous newer construction homes in the immediate area that have utilized the similar lot sizes. Public water and sewer are available on the street. Buyer must do their due diligence. No survey is available nor have any permits or approvals been not obtained by the seller. The seller will work with the buyer to get the variance and may be interested in adding 10' onto this lot from their current lot located next door at 218 7th St.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017