7 Innis Street
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 28, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | Listed by RE/MAX 360 | $650,000 | |
| Listed by RE/MAX 360 | |||
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Spacious Split Level Home on large lot on dead end street! This custom-built home has been lovingly maintained by original owners for almost 60 years. Notable updates include NEW gas heat (2023) and newer roof, approx. 5 years ago, plus replacement windows. Living room, with bow window and fireplace, opens to dining area and kitchen, with access to enclosed porch and deck. Sparkling hardwood floors and ceramic tile, 3 good-sized bedrooms, plus full bath. Pull down attic. Lower level offers family room with gas fireplace, plus second kitchen and wet bar for entertaining, and convenient 3/4 bath, plus laundry. Central Vac. Garage under. Fully-fenced yard with additional parking. First showings at open houses.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017