7 Chapel 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 |
|---|---|---|---|
| Jun 13, 2019 | Sold | ||
| Sold | |||
| May 1, 2019 | Listed by Marty's Real Estate | $180,000 | |
| Listed by Marty's Real Estate | |||
| Jul 9, 2018 | Sold | ||
| Sold | |||
| Apr 20, 2018 | Listed by Lamacchia Realty, Inc. | $39,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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The project you've been waiting for! Current owner has prepared a clean slate for a buyer to complete the Rehab of this 8 room, 4 bedroom/1 bath property. Public water and sewer. Vinyl winder. Ideal for an experienced investor or an owner occupant looking for an equity builder. Property will be sold in as-is condition, Cash or Rehab loan only.
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| Oct 13, 2017 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017