7 Executive Drive #288
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 |
|---|---|---|---|
| May 3, 2019 | Sold | ||
| Sold | |||
| Mar 10, 2019 | No longer available | - | |
| No longer available | |||
| Jan 24, 2019 | Listed by Coldwell Banker Realty - North Reading | $369,000 | |
| Listed by Coldwell Banker Realty - North Reading | |||
| Aug 13, 2018 | Price Decreased |
$369,000
↓ $11K
(2.9%) | |
| Price Decreased | |||
| Jan 19, 2018 | Listed | $379,900 | |
| Listed | |||
| | |||
|
Here is a beautiful Townhouse model with an attached 3 season room overlooking a pretty back yard with mature plantings. The 3 season room in particular is set in quiet peaceful setting great for just relaxing or reading.The unit itself has been maintained in great fashion and looks almost new. On the first floor there is wood flooring, a gas fireplace and cathedral ceilings in the living room area. There is a master bedroom suite on both levels of the unit. At the top of the stairs leading to the second level is an open loft area looking down upon the living room area below. There is also the famous Southport ''Bumpout'' room on the upper level which can be used as a private office, as a den or as media room.The basement also has some added touches with a professional workbench. multiple large professional storage units, making itt a great location for a handyman The manager has listed the unit size as 1800 square feet.
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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 |
|---|---|---|---|---|---|---|---|
|
03/31/2022
|
2 Bed
|
3 Bath
|
1765 ft²
|
$499,000
2 Bed
3 Bath
1765 ft²
|
$530,000
+6.21%
06/14/2022
|
Stephanie Lundy
Farrelly Realty Group
| |
|
01/24/2019
|
2 Bed
|
3 Bath
|
1800 ft²
|
$369,000
2 Bed
3 Bath
1800 ft²
|
$350,000
-5.15%
05/03/2019
|
Leonard O Leary
Seagrass Realty
| |
|
01/19/2018
|
2 Bed
|
3 Bath
|
1800 ft²
|
$379,900
2 Bed
3 Bath
1800 ft²
|
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017