7 Florence St
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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | Listed by Alliance Home Realty | $469,900 | |
| Listed by Alliance Home Realty | |||
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Well maintained and updated ranch in a quiet neighborhood, yet very close to the highway and shopping. Updated eat in kitchen with stainless steel appliances, granite countertops, and a spacious sitting area. Airy living room with custom oversized bay window. Two full baths and partially finished basement with room to expand finished area. Fenced in yard, covered porch, patio, large shed and flat lawn. Brand new heating and central air conditioning system. Roof is approximately 10 years old. Nothing to do except move in! Property is being sold in its current condition without any warranties or guarantees from the seller. First showings at open house Saturday, 5/18 from 2:00pm - 4:00pm *Update - fireplace has not been used by the current owners. Lot to the right of the driveway was recently subdivided and sold. The cutline in the driveway marks the property line. ***OFFER DEADLINE MONDAY 5/20 AT 6PM***
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| Apr 9, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | In contract | - | |
| In contract | |||
| Jan 17, 2024 | Listed by Keller Williams Elite | $149,900 | |
| Listed by Keller Williams Elite | |||
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Ready to build your dream home! Builders and potential homeowners this is a great opportunity this lot is ready to go and has everything you need! Level lot in a great neighborhood, in a perfect in-town location. Water, sewer, electric and gas all nearby!! Don’t wait!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017