7 4TH PL #4
About This Property
An internal stairway from the living room leads to the finished roof, which features a wrap-around layout with room enough for multiple tables, chairs, and plants. An outdoor sink makes for easy entertaining and sweeping views of the neighborhood skyline and Manhattan skyscrapers are abundant.
7 4TH Place is located on a quiet, well-maintained street in the heart of Carroll Gardens. Carroll Park is nearby, just down the street from Momofuku Milk Bar and the F/G trains for easy caffeinated commutes into the city. The neighborhood boasts some of the best dining in Brooklyn, such as Frankies 457 Spuntino, Prime Meats, and Buttermilk Channel.
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Cap Rate Calculator
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/08/2020
|
2 Bed
|
1 Bath
|
-
|
$1,140,000
2 Bed
1 Bath
|
$1,140,000
07/01/2020
|
Kerrie Lynch
Halstead dba Brown Harris Stevens Residential Sales LLC
| |
|
09/18/2015
|
2 Bed
|
1.5 Bath
|
-
|
$1,275,000
2 Bed
1.5 Bath
|
$1,275,000
11/20/2015
|
Porter Hovey
Halstead dba Brown Harris Stevens Residential Sales LLC
| |
|
04/16/2015
|
2 Bed
|
1.5 Bath
|
-
|
$1,402,000
2 Bed
1.5 Bath
|
$1,402,000
08/12/2015
|
Sofia Dmitriyeva
Halstead dba Brown Harris Stevens Residential Sales LLC
|
Building Info
About South Brooklyn
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017