7 Flower Road
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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 |
|---|---|---|---|
| Mar 8, 2021 | Sold | ||
| Sold | |||
| Mar 3, 2021 | No longer available | - | |
| No longer available | |||
| Feb 28, 2021 | Listed by Executive Group Realty | $355,000 | |
| Listed by Executive Group Realty | |||
| | |||
|
Expanded wide line ranch, all CO's in place, 2 unfinished basements, both with interior access from the house. The attached apartment it's an over sized extension grandfathered in with all CO's. both sections of the house have their own utilities. The entire house comes to about 1800 to 1950 SF and will be renovated starting soon. It doesn't look very nice right now, but when we are done it will be awesome, Act now! The manager has listed the unit size as 1300 square feet.
| |||
| Dec 1, 2020 | Price Increased |
$340,000
↑ $25K
(7.9%) | |
| Price Increased | |||
| Nov 13, 2020 | No longer available | - | |
| No longer available | |||
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About Mastic Beach
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017