7 Bowstring Way #7
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%.
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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 |
|---|---|---|---|
| Apr 18, 2023 | Sold | ||
| Sold | |||
| Mar 15, 2023 | In contract | - | |
| In contract | |||
| Mar 8, 2023 | Listed by Keller Williams Realty | $450,000 | |
| Listed by Keller Williams Realty | |||
| Apr 30, 2020 | Sold | ||
| Sold | |||
| Jan 31, 2020 | Listed by Keller Williams Realty | $389,900 | |
| Listed by Keller Williams Realty | |||
| | |||
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East side neighborhood location in desirable Williamsburg Heights! This home is ready for its new owners to move right in and enjoy! Updates galore inside include paint, carpet, engineered hardwood, baths, basement flooring, furnace, hot water heater, driveway, siding, and gutters! As you enter from the farmer's porch into the spacious foyer leading to the open concept first floor with stunning dark wood flooring in the family room and dining area. The 1/2 bath has beautiful new basket weave tile. The spacious kitchen has a new stove and microwave. The second level with all 3 bedrooms, the master is cathedral and features its own on suite bath with updates. Great sized rooms all with new carpet. The basement has a finished playroom and additional finished flex room and laundry! Come see this turnkey home and please make yourself at home!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/08/2023
|
3 Bed
|
3 Bath
|
1832 ft²
|
$450,000
3 Bed
3 Bath
1832 ft²
|
$530,000
+17.78%
04/18/2023
|
Angela Caruso
Realty Executives Boston West
| |
|
01/31/2020
|
3 Bed
|
3 Bath
|
1832 ft²
|
$389,900
3 Bed
3 Bath
1832 ft²
|
$389,000
-0.23%
04/30/2020
|
Jennifer Green Thompson
RE/MAX Signature Properties
| |
|
10/10/2010
|
3 Bed
|
3 Bath
|
1432 ft²
|
$209,900
3 Bed
3 Bath
1432 ft²
|
$205,000
-2.33%
03/31/2011
|
Richard Anzalone
Remax A-Team
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017