3290 S 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 |
|---|---|---|---|
| Feb 1, 2023 | Sold | ||
| Sold | |||
| Oct 17, 2022 | Listed by Tommy Simons & Associates, REALTORS | $135,000 | |
| Listed by Tommy Simons & Associates, REALTORS | |||
| May 13, 2022 | No longer available | - | |
| No longer available | |||
| May 7, 2022 | Price Decreased |
$152,500
↓ $7K
(4.6%) | |
| Price Decreased | |||
| Apr 22, 2022 | Listed by Tommy Simons & Associates, REALTORS | $159,900 | |
| Listed by Tommy Simons & Associates, REALTORS | |||
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Great starter home, or perfect investment property that would make an excellent short term vacation rental! This house features a guest house with separate access giving you the perfect opportunity for multiple revenue streams, or would make an excellent living quarters for college students! Main house features an open floor plan with a large living room and kitchen area and a HUGE master bedroom! The front bedroom closet could easily be converted to an additional bathroom, with plumbing already in place! The back yard is to die for, with garden area and good privacy fence and neat fire pit area with fresh mulch laid. Don't miss this one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017