309 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 |
|---|---|---|---|
| Jul 8, 2022 | Sold | ||
| Sold | |||
| Jun 3, 2022 | Listed by Hub Real Estate | $375,000 | |
| Listed by Hub Real Estate | |||
| Sep 19, 2007 | Sold | ||
| Sold | |||
| Jun 11, 2007 | Sold | ||
| Sold | |||
| Aug 4, 2005 | Listed | $145,900 | |
| Listed | |||
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**10K Listing** PRICE REDUCED on this comfortable, 3 bedroom ranch home. Newer carpet, vinyl flooring, fresh paint, and updated bath. Eat in kitchen with a great pantry conveniently located in the laundry room. Oversized detached single car garage with room for 2 cars for all your projects and backing to the alley. Quiet street conveniently located just a few blocks from downtown. Great investment opportunity! Buyer to verify sq. ft.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017