416 North Seventh #2
About This Property
The manager has listed the unit size as 500 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 26, 2024 | No longer available | - | |
| No longer available | |||
| Apr 30, 2024 | Price Decreased |
$40,000
↓ $15K
(27.3%) | |
| Price Decreased | |||
| Feb 13, 2024 | Listed | $55,000 | |
| Listed | |||
| | |||
|
This duplex could serve, as your personal home with extra guest space or an opportunity to get some extra income! Call today to setup a showing. The manager has listed the unit size as 1120 square feet.
| |||
| Jan 13, 2024 | No longer available | - | |
| No longer available | |||
| Dec 6, 2023 | Price Decreased |
$85,000
↓ $15K
(15%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/10/2023
|
Studio
|
-
|
1120 ft²
|
$100,000
Studio
-
1120 ft²
|
-
-
|
Patricia Fleming
RE/MAX Southland Real Estate
| |
|
11/09/2023
| |
4 Bed
|
2 Bath
|
1120 ft²
|
$100,000
4 Bed
2 Bath
1120 ft²
|
-
-
|
Patricia Fleming
RE/MAX Southland Real Estate
|
|
08/29/2021
|
4 Bed
|
2 Bath
|
500 ft²
|
$59,900
4 Bed
2 Bath
500 ft²
|
-
-
|
David Carter
Abide Real Estate Services, PLLC
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017