7 FLAG STREET
About This Property
Fresh paint throughout brings a bright, clean feel to every room, and a new sump pump in the basement adds peace of mind. Even the big-ticket items are taken care of, this home boasts a brand-new septic system for long-term reliability.
The oversized backyard is ideal for gatherings, play, or creating your dream outdoor space under mature trees that offer both shade and privacy. Located in a quiet neighborhood with easy access to local schools, shopping, and highways, this move-in-ready home checks all the boxes.
Don't miss your chance to own a turnkey property with all the major upgrades already done. Schedule your showing today!
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Cap Rate Calculator
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 20, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| Jun 15, 2025 | Listed by Keller Williams - Main Street | $279,999 | |
| Listed by Keller Williams - Main Street | |||
| May 2, 2025 | Price Increased |
$274,999
↑ $5K
(1.9%) | |
| Price Increased | |||
| Feb 8, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017