31 7th St
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 7, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| Apr 28, 2025 | Listed | $579,999 | |
| Listed | |||
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Welcome to this charming 3-bedroom, 2-bath ranch, perfectly situated on a quiet dead-end street! The bright and freshly painted first floor features a spacious living room with a cozy fireplace, three comfortable bedrooms and a full bathroom. The eat-in kitchen offers granite countertops and stainless steel appliances, with sliding glass doors that lead to a newly painted and updated deck overlooking a fenced-in backyard—perfect for outdoor entertaining.The finished lower level offers even more living space, including a home office, family room, with large closet, a second full bath with laundry, and a generous storage area. Don’t miss your chance to see this inviting home!
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| Jan 25, 2018 | Sold | ||
| Sold | |||
| Nov 15, 2017 | Listed by Mass Elite Real Estate, LLC | $339,000 | |
| Listed by Mass Elite Real Estate, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017