229 N 7th 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 |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Sep 9, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by Coldwell Banker American Homes | $619,000 | |
| Listed by Coldwell Banker American Homes | |||
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Welcome to your dream home! This beautiful 3-bedroom house boasts stunning hardwood floors throughout, which adds warmth and elegance to every room. The cozy fireplace in the living area which opens to the dining room is perfect for those chilly evenings and creates a welcoming ambiance for family and friends. The heart of the home is the great room, featuring vaulted ceilings and a skylight that floods the space with natural light. This room is ideal for entertaining or simply relaxing in style. Home features include, but are not limited to, a partially finished basement with plenty of storage, and community pool. This is not just a place to live, but a place to create long lasting memories.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017