505 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 |
|---|---|---|---|
| Jul 1, 2026 | Listed by HomeSmart | $55,000 | |
| Listed by HomeSmart | |||
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Dec 4, 2025 | Price Decreased |
$37,500
↓ $3K
(6.2%) | |
| Price Decreased | |||
| May 21, 2025 | Price Decreased |
$39,995
↓ $9K
(18.4%) | |
| Price Decreased | |||
| Mar 5, 2025 | Listed by Gulf Coast, Realtors | $49,000 | |
| Listed by Gulf Coast, Realtors | |||
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Bring your RV, build a tiny home or a beach cottage and be just a few blocks from the bay in heart of Sunny San Leon. Just minutes from several local restaurants and boat ramps. If you're looking for more than one lot there are a couple next to this one available at this time.There are no utilities currently on this lot but they are available.
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About San Leon
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Last Updated: 4 months ago
Data Source: HAR , MLS# 70509530
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017