7 Albright Road
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 10, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by Signature Premier Properties | $540,000 | |
| Listed by Signature Premier Properties | |||
| | |||
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Spacious 5 bedroom colonial with 4 full baths on a quiet tree lined street. Flexible layout possibilities. Hardwood floors and crown moldings. Large Eat-In kitchen with S/S appliances and granite countertops. Wood burning fireplace. Roof is 4 years old. Windows and siding replaced in 2013. Cesspool replaced in 2012. Basement features egress windows and an outside entrance. Can be an apartment with proper permits. Backyard is an entertainer's paradise. Enter by way of the kitchen sliders to a large composite deck (6 years old), separate sitting area with pergola, vinyl fencing, large 16'x20' shed (has permit). Come check out your new home!
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| May 24, 2024 | Listed by Signature Premier Properties | $540,000 | |
| Listed by Signature Premier Properties | |||
| Jan 21, 2017 | Sold | ||
| Sold | |||
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