54 7 Mile River Dr
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 |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Listed by Blu Sky Real Estate | $425,000 | |
| Listed by Blu Sky Real Estate | |||
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Discover the perfect blend of indoor comfort and outdoor splendor in this beautifully renovated 3-bedroom ranch. Nestled on a lot adorned with fruit trees, a garden area, and grape vines. The interior has a brand-new kitchen complete with granite countertops, white cabinetry, and new stainless-steel appliances—perfect for both everyday meals and entertaining. The sunny and bright living room and bedrooms feature hardwood floors. Enjoy the modern convenience of a completely updated bathroom with tile flooring and tile shower. Additional updates include vinyl siding, replacement windows, and central air conditioning for year-round comfort. A newer washer and dryer complete the laundry area. The finished rec room in the basement provides additional flex space, along with ample storage and a workbench for hobbies or projects. To top it off, the septic system is only 3 years old. Step outside and be enchanted by the picturesque yard.
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| Aug 30, 2024 | Listed by Blu Sky Real Estate | $285,000 | |
| Listed by Blu Sky Real Estate | |||
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SOLD BEFORE PRINT
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| Dec 19, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017