7 Faith Drive
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 |
|---|---|---|---|
| Jul 18, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | Price Decreased |
$795,000
↓ $30K
(3.6%) | |
| Price Decreased | |||
| Feb 29, 2024 | Listed by RE/MAX Revolution | $825,000 | |
| Listed by RE/MAX Revolution | |||
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Desirable quiet Wayside neighborhood, Spacious 5 bedroom 2.5 bathroom Split Level home w/ 2-car attached direct-entry garage & finished basement. Beautiful hardwood floors throughout. A covered front entryway leads to spacious foyer. 1st floor features a large den/family room w/ gas fireplace & sliding doors into the fenced-in backyard, half bath, laundry room w/exterior door. 5th bedroom/office. The 2nd level has an open-concept living room & dining room w/ hardwood floors, recessed lighting, & a generously sized eat-in-kitchen w/ sliding doors onto the 800-square-foot-deck. 3rd level has a primary suite w/ a full bath, two large walk in closets, 3 well sized bedrooms, & full bath. New roof/Gutters, central AC & updated S/S appliances. Excellent school system. Walk to house of worship.
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| Aug 17, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017