7 Barclay Road
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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%.
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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 11, 2024 | Sold | ||
| Sold | |||
| Jul 28, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jul 14, 2024 | Listed by Signature Premier Properties | $390,000 | |
| Listed by Signature Premier Properties | |||
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Welcome to this spacious 4-bedroom, 2-bath ranch nestled on a generous .32-acre lot in Mastic. This property offers endless potential for those willing to put in some work and make it their own. With a big eat-in kitchen featuring sliders that lead to a BBQ area, you'll love hosting summer gatherings. The kitchen also includes a convenient laundry area. The partial basement provides ample storage space, while the attached 2-car garage offers secure parking and additional storage. This garage also holds the potential to be transformed into extra living space with the proper permits. An oversized driveway ensures ample parking for multiple cars, and the expansive, fully fenced yard has plenty of room for a pool, outdoor kitchen, or any of your outdoor dreams. The house features a brand new roof, but it does need paint, new flooring, and updates to the kitchen and bathrooms. This is the ideal home for buyers who are handy and not afraid of a little work. With some effort, this property can be transformed into a true gem. This is a fantastic opportunity to own a home with great bones and make it shine with your personal touches. If you're looking for a project and a property with potential, this is the one for you!.
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| Dec 15, 2015 | Sold | ||
| Sold | |||
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About Mastic Beach
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Currently no similar homes aroundNearby Rentals
$3,000 /mo
- 2 Beds
- 1 Bath
- 626 ft²
$3,500 /mo
- 3 Beds
- 1 Bath
- 975 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017