7 Eva Lane
About This Property
The fully renovated finished basement provides exceptional bonus space and feels like a complete apartment, featuring an additional bedroom, expansive living area, secondary kitchen, and a separate outside entrance-ideal for extended family, guests, recreation, or work-from-home needs.
Situated on an oversized 7,000 sq. ft. lot, the backyard is a private retreat complete with a beautiful stone patio, lush green space, mature privacy shrubs, a dedicated play area, and a storage shed. Sliding glass doors provide seamless access from the home to the outdoor entertaining space.
Additional highlights include hardwood floors throughout, a roof approximately 3 years young, and a newer central air conditioning system. The home is currently heated with oil, but natural gas is available on the block, providing an easy conversion option for future owners.
Conveniently located near shopping, dining, parks, and houses of worship, this home is also zoned for the highly acclaimed Plainview-Old Bethpage School District. A rare opportunity to own a spacious ranch with incredible versatility, indoor-outdoor living, and a prime Plainview location.
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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 10, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Listed by Property Professionals Realty | $899,000 | |
| Listed by Property Professionals Realty | |||
| Nov 22, 2011 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017