7 Elm 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 |
|---|---|---|---|
| Oct 2, 2020 | Sold | ||
| Sold | |||
| Aug 7, 2019 | Sold | ||
| Sold | |||
| Jul 4, 2019 | No longer available | - | |
| No longer available | |||
| Apr 17, 2019 | Listed by Neilsen Realty LLC | $100,000 | |
| Listed by Neilsen Realty LLC | |||
| | |||
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Seller says he will owner finance with good deposit! This home is unique and has incredible curb appeal. Newer Roof, newer windows through-out. Carpets have been taken up to show gorgeous old wood floors. Walls have been sanded and painted. There are definitely finishing touches needed to be made and is priced accordingly. The water heater is gas.... furnace is oil and older. Don't miss out on what this home can give you with a bit of elbow grease! A lot of yard, fenced corner lot and a garage finish out this beauty!
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| Apr 5, 2019 | Price Decreased |
$100,000
↓ $10K
(9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017