603 7th Avenue
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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | In contract | - | |
| In contract | |||
| Dec 27, 2024 | Listed by RE/MAX 1st Choice | $179,000 | |
| Listed by RE/MAX 1st Choice | |||
| | |||
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Welcome to this cozy and mostly updated 2-bedroom, 1.5-bathroom home, offering comfort and convenience in a prime location, Ottawa's South side. Parks, dining, and downtown within close proximity. Perfect for first-time buyers, down-sizers, or those seeking a low-maintenance property, this home combines modern updates with classic charm. Features include open-concept living and dining area, bay window that fills the living space with natural light. Two generous-sized bedrooms with ample closet space. A Well kept Kitchen with updated appliances, plenty of cabinet storage, and breakfast nook. The home also includes a one car heated attached garage for convinience. New hot water heater 02/2024, Siding and roof redone 07/2020. Book your showing today!
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| Sep 25, 2015 | Sold | ||
| Sold | |||
| Jul 30, 2015 | Listed by Windsor Realty | $49,900 | |
| Listed by Windsor Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017