7 Florence Rd
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 |
|---|---|---|---|
| May 24, 2022 | Sold | ||
| Sold | |||
| Apr 27, 2022 | Listed by Keller Williams Realty | $699,000 | |
| Listed by Keller Williams Realty | |||
| Jul 29, 2016 | Sold | ||
| Sold | |||
| Jun 16, 2016 | Listed by Hillman Homes | $479,000 | |
| Listed by Hillman Homes | |||
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Desirable Cedarwood location. This welcoming three bedroom, one bath home happily awaits its new owners. The first floor boasts newly finished, beautiful hardwood floors, high ceilings, a formal dining room with chair rail, kitchen with gas cooking and pantry, and screened in porch which overlooks the large private backyard space. The beautiful floors continue upstairs where three generous sized bedrooms and updated bath round out the space. Newer windows and roof, attached 'garage/storage shed' accessible from full basement. Freshly painted, and new water main on Florence Road. This home is a must see!
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| Dec 1, 1980 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017