7 3rd 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 |
|---|---|---|---|
| Jul 30, 2022 | No longer available | - | |
| No longer available | |||
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Jun 12, 2022 | In contract | - | |
| In contract | |||
| May 20, 2022 | Price Decreased |
$698,777
↓ $41K
(5.5%) | |
| Price Decreased | |||
| Apr 27, 2022 | Listed by Keller Williams - Rutherford | $739,777 | |
| Listed by Keller Williams - Rutherford | |||
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UNIQUE BI-LEVEL on a fenced in extend 125x100 flat lot LOCATED ON A DEAD END ST. LOW TAXES. Upper floor had a hardwood floor all throughout. Living rm, Dining rm, open concept into granite counter stainless steel appliances, eat-in remodel kitchen, 3 spacious bedrooms, full bathroom w tile & granite. Lower floor features open floor plan all hardwood floors; family rm and play area/gym, full remodeled tile and granite bathroom, utility rm & 2 car attached garage. Sliding doors to private yard w paved patio, double entrance vinyl white fence. Has a central air w baseboard heating. Full unfinished attic w flooring for extra storage. 16x10 Shed for storage. UPDATED electric panel and electrical from house to outside pole. Grammer school is 1/2 from house where school pick up is at the corner to Grammer school highly ranked and West Essex Regional School: one of the TOP HS in NJ. 2 blocks away from Kids park, basketball courts, shopping, transportation. Owner is a realtor. A MUST SEE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017