4931 W 7th St
About This Property
The home is livable as-is, with room for light cleanup and cosmetic refreshing to truly make it shine. A buyer with vision will appreciate the opportunity to add personal touches, update finishes over time, and build instant equity without taking on a major renovation project.
Situated near schools, shopping, and local dining, this property offers convenient access to daily necessities while remaining tucked into an established neighborhood. With its manageable size, straightforward layout, and location, this home presents a great opportunity for a buyer looking for value and long-term potential.
Perfect for those who want a home they can improve at their own pace-this is a chance to create something special without biting off more than you can chew.
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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 28, 2026 | Sold | ||
| Sold | |||
| May 20, 2026 | In contract | - | |
| In contract | |||
| May 12, 2026 | Listed | $258,000 | |
| Listed | |||
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INVESTORS!! Come snatch up this opportunity in West Greeley. Property has water damage and needs a full rehab. Great potential on this 2-story offering 3 bedrooms, living room w/ fireplace, newer kitchen. Basement is unfinished. Quiet neighborhood down the street from Epple Park. Will not qualify for financing due to condition. Sold as-is.
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| Mar 9, 2026 | No longer available | - | |
| No longer available | |||
| Jan 21, 2026 | Price Decreased |
$369,000
↓ $20K
(5.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017