7 Lafayette Avenue
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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%.
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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.
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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 6, 2023 | Sold | ||
| Sold | |||
| Jun 6, 2023 | In contract | - | |
| In contract | |||
| May 25, 2023 | Listed by Executive Group Realty | $1,200,000 | |
| Listed by Executive Group Realty | |||
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Positioned on a large secluded private lot sits this custom-built 3 level Tuscany-inspired home. The unique design sets it apart from the rest. Enter through a large entry foyer to the formal living room w/soaring ceilings & wood burning fireplace, formal dining room, gourmet eat-in-kitchen, den, 2 bedrooms and full bathroom on main level. Master suite with full bath, walk-in closet & French doors to balcony over looking the yard, plus 4th bedroom w/2nd balcony on the second floor. Lower level is recently finished in a modern farmhouse design separating rooms with authentic barn doors and having abundant closet space & storage throughout. Radiant natural gas heat is consistent throughout all 3 floors. The outdoor oasis is truly an entertainer's dream, enjoy it all in total seclusion with the serenity of a magnificent 2 tiered waterfall. including a covered living area w/fireplace, rain head outdoor shower, large swim spa, outdoor kitchen/bar under covered pergola overlooked mature landscaping with recent outdoor updates in 2023 surrounding all.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017