29
Map
504 7th Square #201
About This Property
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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 |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| May 22, 2026 | In contract | - | |
| In contract | |||
| Apr 28, 2026 | Price Decreased |
$245,000
↓ $12K
(4.7%) | |
| Price Decreased | |||
| Apr 14, 2026 | Price Decreased |
$257,000
↓ $16K
(5.9%) | |
| Price Decreased | |||
| Mar 31, 2026 | Price Decreased |
$273,000
↓ $16K
(5.5%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/24/2026
|
2 Bed
|
2 Bath
|
-
|
$218,000
2 Bed
2 Bath
|
$195,000
-10.55%
09/18/2026
|
Abigail Vollmann
Coldwell Banker Paradise
| |
|
02/13/2026
|
3 Bed
|
3 Bath
|
2042 ft²
|
$299,000
3 Bed
3 Bath
2042 ft²
|
$235,000
-21.40%
06/24/2026
|
Rebecca Bazyler
One Sotheby's Int'l Realty
| |
|
06/25/2018
|
2 Bed
|
2 Bath
|
1323 ft²
|
$169,000
2 Bed
2 Bath
1323 ft²
|
$169,000
10/09/2018
|
Ophelia Angelone
ACTION REALTY, LLC
| |
|
03/17/2014
|
2 Bed
|
2 Bath
|
-
|
$135,000
2 Bed
2 Bath
|
-
-
|
Robbie Berlingieri
Billero & Billero Properties
|
Building Info
About Vero Beach South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017