7 Chatham Road
About This Property
The oversized two-car garage provides not only ample parking but also abundant space for a workshop, hobby area, or creative storage solutions. Step outside to enjoy the expansive backyard, perfect for relaxing, dining, or hosting gatherings.
Set on a wide, tree-lined interior street, this home offers a peaceful neighborhood setting while remaining conveniently located. Multiple Long Island Rail Road stations are just a short 10-minute drive away, making commuting a breeze.
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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 |
|---|---|---|---|
| Sep 16, 2026 | Price Decreased |
$775,000
↓ $50K
(6.1%) | |
| Price Decreased | |||
| Aug 12, 2026 | Listed by Daniel Gale Sothebys Intl Rlty | $825,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017