7 David Road
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 24, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | Listed by Lamacchia Realty, Inc. | $465,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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OPEN HOUSE CANCELLED Welcome home to this delightfully renovated ranch nestled on a nearly half-acre lot in Bellingham. The living room, bathed in natural light from large picture windows, features beautiful hardwood floors, and a built-in electric fireplace, creating a warm and inviting atmosphere. The open-concept design creates an airy and spacious feel, seamlessly connecting the living room to the kitchen and dining area. In the kitchen, you will find a breakfast bar with quartz counter and a built in stove, and all new stainless steel appliances and cabinetry. The finished lower level with added 1/2 bath and a versatile bonus room, ideal for a home office, entertainment area, or more! Big ticket updates include all new windows, new septic system, new oil tank & electric panel & more! Nature lovers will appreciate the serene, wooded backdrop of the backyard, providing a peaceful escape to unwind and enjoy the outdoors. Come see all this home has to offer!
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| Dec 1, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017