5302 S 7th Street
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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%.
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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 13, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | In contract | - | |
| In contract | |||
| May 3, 2024 | Price Decreased |
$127,500
↓ $8K
(5.6%) | |
| Price Decreased | |||
| Jan 26, 2024 | Listed by KW SYNERGY* | $135,000 | |
| Listed by KW SYNERGY* | |||
| | |||
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Fantastic 3-bedroom, 1-bathroom home with a roomy living area illuminated by a large decorative window that welcomes abundant natural light. The house is adorned with a combination of carpet and tile flooring. The bathroom boasts modern touches, including wood-look tile, a relaxing soaking tub, and clean finishes. The galley kitchen is equipped with stylish wood cabinets, ample counter space, and tile flooring. Enjoy spacious bedrooms, and the charm of a sizable fenced-in backyard completes the appeal of this home. Updates in 2021 include a new AC Replaced, all the exterior plumbing updated and a new roof was completed. The interior plumbing was updated in 2022 along with all gas lines replaced in 2023.
| |||
| Mar 4, 2021 | Sold | ||
| Sold | |||
Property Highlights
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About Abilene
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017