7 Heath 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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | Listed by Stone Ridge Properties, Inc. | $679,900 | |
| Listed by Stone Ridge Properties, Inc. | |||
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Custom built split-level home on 8.6 acres in desirable Merrimac. This well-maintained home features 7 rooms, 3 spacious bedrooms, 1 & 3/4 baths. The open living area includes a big eat in kitchen, dining room & living room with vaulted ceilings, perfect for gatherings and entertaining. Both bathrooms are generously sized. Numerous closets throughout the house, so you'll never run out of storage space.The home boasts a walk-out partially finished basement, providing additional living space & convenient access to the outdoors. Enjoy the comfort of central air conditioning during the summer months & the peace of mind that comes with having a backup generator for any power outages. Some upgrades in the last 10 years but not limited too, are boiler, hw heater, generator, leaf guards, front steps & driveway. The expansive 8.6-acre lot offers plenty of space for outdoor activities, gardening, & relaxation, making it perfect for nature lovers and those seeking privacy. Offers due 6/17 4pm
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017