527 7th Avenue
About This Property
Many recent updates in this Ranch style 2 bedroom with the possibility of a 3rd bedroom, nursery or home office, newer vinyl siding on the house, newer roof on the house, newer trex back deck and staircase overlooks large lot with a park like setting, newer windows, newer laminate flooring for kitchen and 1-bedroom, newer heating system & enclosed front porch. Detached garage is excluded from inspections, being sold as is.
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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 |
|---|---|---|---|
| Aug 14, 2023 | Sold | ||
| Sold | |||
| Jun 27, 2023 | In contract | - | |
| In contract | |||
| Jun 21, 2023 | Listed by Venture Realty Partners | $114,900 | |
| Listed by Venture Realty Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017