7 Michael Court
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 |
|---|---|---|---|
| Nov 21, 2022 | Sold | ||
| Sold | |||
| Jul 29, 2022 | Listed by Imperial Real Estate Agency | $399,000 | |
| Listed by Imperial Real Estate Agency | |||
| Jul 27, 2022 | No longer available | - | |
| No longer available | |||
| Apr 30, 2022 | Price Decreased |
$359,000
↓ $40K
(10%) | |
| Price Decreased | |||
| Apr 13, 2022 | Listed by Keller Williams Realty Monmouth/Ocean | $399,000 | |
| Listed by Keller Williams Realty Monmouth/Ocean | |||
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This Home Isn't Just Pretty, It's also Stylishly renovated! outfitted with beautiful finishes! There's an endless list of upgrades that include; Bath, Flooring, , Fixtures, Granite Counters, Roof, Siding, Gutters, Furnace, Heater, the list goes on and on... The casual and relaxed interior is impressive throughout the home. Step outside to the fabulous out-door space that includes an expansive yard, it offers fun filled entertainment for your friends and family. This home makes a complete package so just unpack your bags and start enjoying life's simple pleasures!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017