7 48th St
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 |
|---|---|---|---|
| Jun 26, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by Keller Williams Realty Evolution | $1,350,000 | |
| Listed by Keller Williams Realty Evolution | |||
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Beautiful Plum Island Beach Home!!! Amazing Basin and Ocean Views Could be Yours for the Summer! Open concept living/ kitchen w/ Porcelain farmer sink. Quartz countertops, half bath, pantry. double French doors to a huge water view deck. High end cabinets, American made stainless steel appliances. Aqua proof floating luxury vinyl floors. Red Oak Stairs with oak and stainless cable rail systems. Enhanced lighting throughout the entire house. Washer/dryer on bedroom level. Master w/ en suite bath, double closets, 2nd full bath off second bedroom. The Sunset colors every night will fill your life. Inside stairway to roof top, double sided deck, 700sq ft of outside living space w/ Ocean views & room for seating for lifetime enjoyment. Short hop to Ocean beach access. Mitsubishi heating systems with an individual HVAC unit in each room Rinnai instant hot water system. 200 amp electrical installed underground. White 5 Mil Aluminum roof has Lifetime warranty. Beautiful Patio Area! A Must See
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| Dec 1, 2020 | Sold | ||
| Sold | |||
| Jun 10, 2020 | Listed by Keller Williams Realty Evolution | $849,900 | |
| Listed by Keller Williams Realty Evolution | |||
| Jun 20, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017