7 Briggs Ave.
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 |
|---|---|---|---|
| Oct 26, 2017 | Sold | ||
| Sold | |||
| Sep 6, 2017 | Listed by Keller Williams Realty | $255,000 | |
| Listed by Keller Williams Realty | |||
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Tri-level split ranch in sought after Monument Beach. This 1052 square foot three bedroom ranch is a diamond in the rough. The 22 x 24 lower level is insulated, has front and rear windows, full masonry fireplace and walk out begs to be finished to the ultimate family room. The basement contains utilities and laundry. With some TLC this property will be the envy of the neighborhood. A new leaching field will be installed prior to Closing. The Seller Trustee has never occupied the property. Buyer/Buyer's Agent to verify all dimensions and information.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017