7 King St
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 |
|---|---|---|---|
| Feb 13, 2024 | Sold | ||
| Sold | |||
| Jan 11, 2024 | In contract | - | |
| In contract | |||
| Jan 4, 2024 | Listed by Barrett, Chris. J., REALTORS® | $659,900 | |
| Listed by Barrett, Chris. J., REALTORS® | |||
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Updated ranch featuring a new kitchen with quartz counters, new flooring, stainless steel appliance's and pantry storage. Recently painted and ready to move into, this one owner home features gleaming hardwood floors, spacious bedrooms and good closet space. The lower level has expansion possibilities and features a large family room complete with new flooring, an updated electric panel, newer gas heat and gas hot water. This home is conveniently located on a non traffic street close to the lake and major routes. Don't miss the chance to make this one yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017