7 Cottage 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 |
|---|---|---|---|
| Apr 6, 2026 | Sold | ||
| Sold | |||
| Mar 5, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Listed by Coldwell Banker Realty - Marblehead | $875,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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Extensive spring 2024 updates offer peace of mind and effortless living, including structural improvements, a brand-new kitchen and full bath, new windows, roof, 200-amp electrical service, and a new natural-gas heating system with central air. Every detail has been carefully considered. The sun-filled first floor features an open-concept layout ideal for daily living and entertaining. The fireplaced living room flows seamlessly into the kitchen, a dedicated coffee nook with beverage fridge and bar sink, 1st-floor laundry, and a stylish new full bath. Outside, enjoy a private back deck and a sweet side yard with mature gardens—an unexpected retreat. Upstairs are three bedrooms and a full bath, including a vaulted primary with skylight and walk-in closet. A dry basement offers future expansion potential, and off-street parking accommodates 1-2 cars. This home has a strong rental history, renting for $595/night with a 5-star rating, making it an ideal primary residence or income property
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| Jan 16, 2024 | Sold | ||
| Sold | |||
| Oct 6, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017