7 Marshall Street
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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%.
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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.
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 |
|---|---|---|---|
| Oct 10, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | No longer available | - | |
| No longer available | |||
| Jul 8, 2024 | Price Increased |
$600,000
↑ $25K
(4.4%) | |
| Price Increased | |||
| Jun 30, 2024 | Listed by Leatherman Homes | $575,000 | |
| Listed by Leatherman Homes | |||
| | |||
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Location, location, location! One-level ranch on an oversized corner lot in a desirable mid-block location. The new kitchen has white cabinets and quartz countertops. It is a perfect starter house or retirement and also a valuable building lot for new construction or expansion/extension. The roof is a single layer that was stripped & replaced in 2019, so it is approximately five years old. 100 Amp Electric Service with panel, laundry, boiler replaced 1991, water heater, and storage in the garage. Gas water baseboard Heat, Gas Water Heater, Electric Stove, and Gas Dryer. Other improvements include 1995 windows, siding, exterior doors, 2023 carpets, vinyl plank flooring, and an updated toilet and vanity.
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About Oceanside
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$5,500 /mo
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$4,300 /mo
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017