65 W 7th Street
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 19, 2024 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Price Decreased |
$550,000
↓ $45K
(7.6%) | |
| Price Decreased | |||
| Sep 9, 2024 | Price Decreased |
$595,000
↓ $80K
(11.9%) | |
| Price Decreased | |||
| Jul 6, 2023 | Listed | $675,000 | |
| Listed | |||
| | |||
|
REPRICED FOR A QUICK SALE - Land for sale in Hialeah which has already been Re-Zoned and APPROVED for a 7 UNIT BUILDING. Lot has been cleared and is ready to build. Great area in West Hialeah surrounded by Multi-Family and close to City of Hialeah and Palm Ave.
| |||
| Aug 12, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017