7 HILL Road
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 |
|---|---|---|---|
| Jan 29, 2025 | Sold | ||
| Sold | |||
| Dec 7, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Price Decreased |
$1,295,000
↓ $100K
(7.2%) | |
| Price Decreased | |||
| Oct 12, 2024 | Listed by Inglenook Realty Inc | $1,395,000 | |
| Listed by Inglenook Realty Inc | |||
| | |||
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Views of Saratoga Lake! Located just 5 miles fm the racetrack & 6 miles to Broadway! Entertainers dream home w/ very hard to find exquisite privacy on 4.3 acres w/over an acre completely fenced ideal for pets' security. Meticulously cared for luxury 4BR/3.5BA/3car. Current owner made extensive upgrades/renovations completed by Teakwood including NEW kitchen featuring classic Brookhaven cabinets w/soap stone counters, SS appliances, NEW oversized Marvin windows which enhance sunset & sunrise views over Saratoga Lake! NEW 2nd floor laundry/dressing rm. NEW custom lighting fixtures, NEW septic system. Nearly 3500 sq ft of living space on 3 flrs including semi-finished basement. Wood floors throughout, views fm almost every room. Standby generator keeps your home safe in all weather.
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| Dec 10, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017