239 U.S. Route 7 N
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%.
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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 |
|---|---|---|---|
| Oct 7, 2025 | Sold | ||
| Sold | |||
| Aug 5, 2025 | Listed by M Realty | $479,000 | |
| Listed by M Realty | |||
| May 14, 2021 | Sold | ||
| Sold | |||
| Mar 28, 2021 | Listed by Flat Fee Real Estate | $349,900 | |
| Listed by Flat Fee Real Estate | |||
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Wonderful opportunities await on Arrowhead Mountain Lake! This property has so much potential with almost 400 feet of road frontage on Route 7 and 40 feet of lake frontage. The colonial home has 3 bedrooms and 2 baths. Entering the home you will see that there is great natural light, and easterly views of the lake. The kitchen, living and dining rooms form an open layout for the living space. The office is bright and has well crafted built in shelving for books. There is a first floor bedroom and a 3/4 bathroom as well. The second floor features a master bedroom with a private porch with a view of the lake. The master bedroom does have a master bathroom that is equipped with a handicap accessible step in tub. The second bedroom on this level is spacious and has a walk in closet, that the current owner is using as a library. This home does have a full basement with a secondary entrance from the outside of the home. This basement is equipped with a plumbed bar and relatively new furnace and hot water heater. This home and land have tremendous possibility and offers quick access to I-89 and the town of Milton.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017