7 Milan Estates
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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 |
|---|---|---|---|
| Mar 14, 2024 | Sold | ||
| Sold | |||
| Jan 26, 2024 | In contract | - | |
| In contract | |||
| Nov 17, 2023 | Listed by Greenwood King Properties - Kirby Office | $525,000 | |
| Listed by Greenwood King Properties - Kirby Office | |||
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Meticulously maintained traditional three bed, two and a half bath single family, corner unit in a conveniently located Galleria Area gated community. First floor features living room with gas fireplace open to the patio, large dining room with direct access to the kitchen. Hardwood floors throughout first floor. Second floor oversized primary bedroom, en-suite primary bath with 2 large walk-in closets, separate shower and tub. Two secondary bedrooms with shared bathroom, and utility room upstairs. New landscaping, 2 Car Garage with Built in Storage Cabinets. Easy access to 610 and I-10, Galleria and Uptown Shopping and Dining. Won't last long! All per Seller
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017