7 Chase Lane #7
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%.
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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 25, 2020 | Sold | ||
| Sold | |||
| Jul 23, 2020 | Listed by Triple 7 Real Estate, Inc. | $359,900 | |
| Listed by Triple 7 Real Estate, Inc. | |||
| | |||
|
Diamond District move-in ready condo with tons of natural sunlight and just a few blocks from the ocean. Features include skylights, cathedral ceilings, a fireplace living room and dining room with a slider out to your private deck, enjoy central air and plenty of room in your finished basement. Nicely proportioned rooms, charming kitchen that leads to the dining room with a pellet stove. The owners have taken pride in living here and have made some recent improvements - new AC/heat unit, hardwood flooring on second floor, pellet stove, new windows, butcher block shelving, renovated full bath on first floor, pavers, granite steps and new front door. Outdoor space includes a private deck with awning and a common yard. Pet friendly complex. No "for sale" sign in front of unit.
| |||
| Oct 7, 2015 | Sold | ||
| Sold | |||
| Sep 14, 2015 | Listed by Sagan Harborside Sotheby's International Realty | $235,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| Mar 9, 2007 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/23/2020
|
2 Bed
|
2 Bath
|
1126 ft²
|
$359,900
2 Bed
2 Bath
1126 ft²
|
$370,000
+2.81%
09/25/2020
|
Hamilton Rodrigues
Triple 7 Real Estate, Inc.
| |
|
09/14/2015
|
2 Bed
|
2 Bath
|
1126 ft²
|
$235,000
2 Bed
2 Bath
1126 ft²
|
$223,000
-5.11%
10/07/2015
|
Rhonda Jackson
Sagan Harborside Sotheby's International Realty
| |
|
10/09/2006
|
2 Bed
|
2 Bath
|
1410 ft²
|
$275,000
2 Bed
2 Bath
1410 ft²
|
$270,000
-1.82%
03/09/2007
|
Rhonda Jackson
Sagan Harborside Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017