7 Ellis St
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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Listed by Coldwell Banker Realty - Sharon | $449,990 | |
| Listed by Coldwell Banker Realty - Sharon | |||
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Meticulously updated & maintained 3 Bedroom 2 1/2 bath Colonial with a great layout. Featuring Central A/C and Central Heat (Natural Gas) installed in (2020). Eat-in Kitchen offers Maple Cabinets, Granite Counter tops, an Island, Stainless-Steel appliances and Tile flooring. Fire Placed Living Room open to Dining Room and open to Large Family Room with plenty of windows to let in Sunlight & in trend Flooring (July 2024). Main Bedroom has a Walk-in Closet and a Master Bathroom. Guest suite has Private stairs to the 1st floor & Hollywood Style Bathroom featuring a Bath tub & Tile floors shared with the 3rd Bedroom featuring another Walk-in Closet. Home has Vinyl siding and a Young Roof. Enjoy your family gatherings in the over-sized fenced backyard and the deck. A front porch to enjoy sunlight anytime of the day. Move-in Ready with a Fresh Coat of Paint (July 2024). Close to Highways, Shopping, Restaurants and MBTA Commuter Rail.
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| Jun 6, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| May 23, 2024 | Price Decreased |
$498,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017