7 Adams 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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Jul 31, 2024 | Listed by RE/MAX Real Estate Center | $599,900 | |
| Listed by RE/MAX Real Estate Center | |||
| | |||
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Very well maintained raised ranch in the desirable Point Royal neighborhood!! Many updates and features include the finished basement, refinished hardwoods throughout the main floor, newer windows and doors, fenced in yard, solar panels and a large storage shed! The basement is completely finished with a family room, laundry/kitchenette, bathroom, and bonus room! The first floor has an open concept living area, dining room and kitchen with a slider to the deck! Three spacious bedrooms and a full bathroom complete the main floor!. This house has so much potential! A must see!
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| Oct 1, 2021 | Sold | ||
| Sold | |||
| Apr 22, 2021 | Listed by RE/MAX Real Estate Center | $445,000 | |
| Listed by RE/MAX Real Estate Center | |||
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Address: 335 Madison Avenue, New York, NY 10017