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7 Broad Street
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 12, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2025 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $1,089,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Charming 7-room, 3-bedroom Cape in a sought-after Belmont neighborhood near Winn Brook School and Belmont Center! Set on a 6,980 sq ft lot with a spacious yard, this home offers comfort, flexibility, and great expansion potential. The main level features a sunny living room with fireplace, hardwood floors in most rooms, a dining room, and a kitchen that opens to a heated sunroom. Two bedrooms and a full bath complete the first floor. Upstairs offers a large third bedroom plus an unfinished room ideal for future expansion. Recent updates include roof (2020), Buderus heating system (2007), tankless hot water w/ storage tank (2023), blown-in insulation (2023), new front stairs and walkway (2021), and rebuilt sunroom (2018). An attached garage, well-maintained yard, and unbeatable location near Harvard Sq, Alewife bus, and Rt 2 make this home a smart investment. Move right in or bring your vision to add value over time! Showings start at Friday, Saturday and Sunday open houses.
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| Aug 1, 2007 | Sold | ||
| Sold | |||
| Jun 1, 2007 | Listed | $499,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017