7 Eldredge
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 19, 2013 | Sold | ||
| Sold | |||
| Feb 13, 2013 | Listed by Sotheby's International Realty | $589,000 | |
| Listed by Sotheby's International Realty | |||
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Custom built contemporary w/ Private Beach Rights in Fiddler's Cove. The house was expertly built & designed with the latest in energy efficiency. State of the art gas fired heating system converts excess energy to free electricity. Open Floor Plan with Italian Tile Floors, Kitchen with Douglas Fir Cabinets, Granite and Stainless Steel Appliances. Bathroom with Radiant Heated Floors and Walk in tile Shower. Short stroll down to Beach and Marina. Garage could be converted to Living Space.
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| Mar 27, 2003 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017