338 7TH Street
About This Property
This home is in move-in condition - spic and span throughout. Very spacious kitchen dining enhanced by great room with vaulted ceiling and access to professionally landscaped rear yard. Entertainers dream in this pavered yard with spa, gas hook up for grilling, and possibility for 'SHE SHED' fun.
Master suite has fully updated master bath with walk-in shower, 3 closets and door to patio and spa.
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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 |
|---|---|---|---|
| Dec 30, 2020 | Sold | ||
| Sold | |||
| Nov 17, 2020 | Listed by HAVENSIDE PROPERTIES | $825,000 | |
| Listed by HAVENSIDE PROPERTIES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017