7 Marjorie Drive
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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 |
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| May 31, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2023 | Listed by Exp Realty | $829,000 | |
| Listed by Exp Realty | |||
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This gorgeous 4 bedroom/3.5 bath home is impeccably maintained and sits tranquilly on a gorgeous private .81 acre property in the sought after neighborhood of Airmont. This home has all the extras that you have been looking for w/ a generous kitchen featuring 2 SINKS, 2 OVENS & 2 DISHWASHERS Lovely deck overlooking the serene yard w/ outdoor elevator which is awesome for bringing up groceries etc, 3 oversized large bedrooms w/ 2 updated baths & LAUNDRY ON THE FIRST FLOOR. Downstairs has additional living room w/ fireplace, 4th bedroom, 3rd FULL BATH and access to the 2 car garage - BONUS - 1/2 of which has a subfloor & was previously used for a 5th bedroom & has been reverted back to a garage. Ducts for heat/AC remain making it easy to revert again to a 5th bedroom. Updates galore such as a stunning new gazebo on the back deck to enjoy outdoor living at its best during the spring, summer and fall seasons *NEW ROOF & SIDING & GUTTERS* Don't miss out on the perfect home for your family!
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| Jul 29, 2017 | Listed | $550,000 | |
| Listed | |||
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Beautiful bi-level located on just under an acre in Airmont, NY. Hardwood floors throughout the entire 2nd floor. Absolutely gorgeous and expanded eat-in-kitchen boasting cherry wood cabinetry, granite counters, tile back-splash and stainless steel appliances that include 2 dishwashers, 2 ovens and 2 sinks. Buffet area is perfect for prepping or serving large dinner parties. Formal dining room provides that extra width and length that you've been looking for. Expansive deck directly off the kitchen offers a tranquil view of the backyard and is attached to an outdoor elevator to help between the 1st and 2nd floor. Three bedrooms and TWO remodeled bathrooms complete the 2nd floor. Downstairs maintains a living room with fireplace and double wide closet. 4th Bedroom is just across from the 3rd FULL bath and laundry room. 1/2 the garage has a sub-floor and was an additional family room, but has since been converted to unfinished space. Expansive driveway offers plenty of parking. Private!! The manager has listed the unit size as 2110 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017