7 Eastern Point Dr #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 |
|---|---|---|---|
| Jun 1, 2018 | Sold | ||
| Sold | |||
| Jul 28, 2017 | Listed by Salisbury Management | $489,000 | |
| Listed by Salisbury Management | |||
| Dec 15, 1999 | Sold | ||
| Sold | |||
| Aug 25, 1999 | Listed by Tina Bilazarian, Inc. | $359,900 | |
| Listed by Tina Bilazarian, Inc. | |||
| | |||
|
EXCEPTIONAL OFFERING, DOUBLE UNIT, 4000 SQ.FT. ON 4 LEVELS 3 LARGE BEDROOMS WITH PRIVATE BATHS, SOARING CATHEDRAL CEILINGS, HARDWOODS & CORIAN THROUGHOUT, 3 FIREPLACES, LOWER LEVEL FAMILY ROOM, WALKOUT TO GRASS YARD/GARDENS
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/28/2017
|
4 Bed
|
5 Bath
|
4000 ft²
|
$489,000
4 Bed
5 Bath
4000 ft²
|
$489,000
06/01/2018
|
Mohammad Abouchleih
First Realty
| |
|
08/25/1999
|
3 Bed
|
5 Bath
|
4000 ft²
|
$359,900
3 Bed
5 Bath
4000 ft²
|
$350,000
-2.75%
12/15/1999
|
Lucie Lemke
Coldwell Banker Realty - Worcester
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017