518 W 7TH STREET
About This Property
The kitchen features crisp white cabinetry, sleek countertops, stainless steel appliances, and plenty of storage, while the generous living area provides flexibility for comfortable furnishings and gathering with guests. Both bedrooms offer privacy and comfortable accommodations, including a well-appointed primary suite with its own full bathroom.
With brand-new construction, you'll enjoy the peace of mind of modern systems, finishes, and fixtures without the projects and maintenance that often come with an older home. Neutral finishes throughout provide a clean, contemporary backdrop that's truly move-in ready and easy to make your own.
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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 |
|---|---|---|---|
| Oct 29, 2026 | In contract | - | |
| In contract | |||
| Oct 1, 2026 | Price Decreased |
$210,000
↓ $15K
(6.7%) | |
| Price Decreased | |||
| Sep 16, 2026 | Price Decreased |
$225,000
↓ $13K
(5.5%) | |
| Price Decreased | |||
| Sep 3, 2026 | Listed by Coldwell Banker Realty | $238,000 | |
| Listed by Coldwell Banker Realty | |||
| May 3, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017