7 Biscayne Drive
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 14, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | Listed by Coldwell Banker Realty - Concord | $495,000 | |
| Listed by Coldwell Banker Realty - Concord | |||
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Perfectly located in a quiet neighborhood, not far from conservation land, major routes, or the town center, this ranch style home boasts a half-acre of level land, a backyard patio, and so many possibilities! Hardwood floors span most of the main floor. A fireplaced living room offers a large picture window for an abundance of natural light and is open to the dining area. A sun room off the kitchen brings opportunity for extra space to get creative with your layout. 3 well-sized bedrooms and full bath complete the main floor. The basement has potential to be finished for additional living area and/or storage and a recently updated roof and attached 1-car garage adds to the appeal. With some TLC this ranch can be turned into a beautiful home.
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| Jan 31, 2000 | Sold | ||
| Sold | |||
| Sep 29, 1999 | Listed by Coldwell Banker Realty - Concord | $192,000 | |
| Listed by Coldwell Banker Realty - Concord | |||
| Nov 21, 1988 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017