7 Justamere 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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| May 21, 2024 | In contract | - | |
| In contract | |||
| Apr 7, 2024 | Listed by Kane & Associates | $775,000 | |
| Listed by Kane & Associates | |||
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Location, location...great opportunity with endless possibilities & incredible potential to own this Colonial style home in the sought after neighborhood on Justamere Drive. New roof, above the ground oil tank, garage door in 2023. Featuring 5 bedrooms, 3.5 baths, living room with fireplace, dining room, family room, large kitchen with brick fireplace, laundry room, screened porch, possibly 1st floor Master bedroom & office. Partially finished lower level, storage, workshop, large 2 car garage & additional garage or storage. Located near major highways, parks, trails, schools & shopping.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017