7 Canvasback Way #7
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 26, 2026 | In contract | - | |
| In contract | |||
| Sep 20, 2026 | Price Decreased |
$495,000
↓ $24K
(4.6%) | |
| Price Decreased | |||
| Sep 19, 2026 | Price Decreased |
$519,000
↓ $20K
(3.7%) | |
| Price Decreased | |||
| Aug 25, 2026 | Price Decreased |
$539,000
↓ $26K
(4.6%) | |
| Price Decreased | |||
| Aug 14, 2026 | Price Decreased |
$565,000
↓ $25K
(4.2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/27/2020
|
2 Bed
|
3 Bath
|
1594 ft²
|
$380,000
2 Bed
3 Bath
1594 ft²
|
$377,000
-0.79%
04/29/2020
|
Marilyn House
Century 21 American Properties
| |
|
05/17/2005
|
2 Bed
|
3 Bath
|
1594 ft²
|
$364,900
2 Bed
3 Bath
1594 ft²
|
$360,000
-1.34%
08/01/2005
|
Kathy Palmer
RE/MAX Real Estate Center
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017