51 7th Street
About This Property
The exterior boasts excellent curb appeal with new vinyl cedar-shake siding and professional front and rear pavers (2024). Relax on the deck overlooking a massive, fully fenced backyard-perfect for entertaining. Situated in the desirable Middletown school district, you are minutes from the NYC ferry & beach
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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 |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Feb 11, 2026 | In contract | - | |
| In contract | |||
| Jan 8, 2026 | Listed by VRI Homes | $469,000 | |
| Listed by VRI Homes | |||
| Dec 13, 2017 | Sold | ||
| Sold | |||
| Oct 20, 2017 | Listed by Resources Real Estate | $269,900 | |
| Listed by Resources Real Estate | |||
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Calling all first time buyers! Hurry to see this move in ready updated 2 bedroom ranch w large den. Beautiful hardwood floors in Living room, hall & bedrooms, w Cork floor in kitchen! Large eat in newer kitchen w corian counters, laminate ceiling & new stainless steel appliances! New washer dryer! Updated bath w beautiful custom tiled tub & shower. New vinyl cedar shake look siding & updated windows! Roof is 1 yr old, furnace & HW heater 5 yrs! Lots of light with big picture window in the living room & custom garden window in the kitchen! Deck off den for relaxation! Big fully fenced in back yard for entertaining with plenty of room for swing set! All in the wonderful Middletown school system! Close to all transportation NYC bus, train & ferry! Mins to beaches! A nice place to live!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017