7 Fordham Drive
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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 13, 2023 | Sold | ||
| Sold | |||
| Mar 31, 2023 | In contract | - | |
| In contract | |||
| Mar 20, 2023 | Listed by Douglas Elliman Real Estate | $799,999 | |
| Listed by Douglas Elliman Real Estate | |||
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This is the one you have been waiting for! Gorgeous mid-block birchwood split in the Manetto Hills section of Plainview! Updated and opened up kitchen with tons of counter and storage space. Dining area with sliding glass door leading to the yard. Open floor plan on the main level and generous size bedrooms.. Hardwood floors through out, Gas heat and Central Air, new paver patio and walk way. Beautifully maintained and ready for its next owner!
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| Mar 8, 2023 | Listed by Douglas Elliman Real Estate | $799,999 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017