7 Briggs Lane
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 |
|---|---|---|---|
| Nov 1, 2011 | Sold | ||
| Sold | |||
| Sep 13, 2011 | Listed by Coastal Countryside Properties | $479,000 | |
| Listed by Coastal Countryside Properties | |||
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Fantastic opportunity to live in this highly desirable Hanover neighborhood. This oversized colonial offers a large eat in kitchen with center island. Fireplaced living room with sliders that lead to the screened porch. Formal dining room & living room with hardwood floors and chair rail. Huge great room with cathedral ceilings, 2 car garage, private master bedroom with master bath and a walk in closet. Large fenced in back yard with an above ground pool complete this great home.
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| Nov 29, 2010 | Listed by Keller Williams Realty | $489,900 | |
| Listed by Keller Williams Realty | |||
| Jun 26, 1992 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017