7 Miles Road
About This Property
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Cap Rate Calculator
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 24, 2025 | Price Decreased |
$489,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Nov 4, 2025 | Price Decreased |
$499,000
↓ $51K
(9.3%) | |
| Price Decreased | |||
| Aug 14, 2025 | Listed | $549,900 | |
| Listed | |||
| | |||
|
Sellers are offering $10,000.00 dollars towards pre-paids and closing cost. Beautiful 2 Bedroom Ranch in sought after Amherst NH. This lovely home features an open concept floor plan that is both welcoming and versatile. You walk into a Living/Dining Area with French Doors leading to a composite deck overlooking a nice yard to enjoy the natural surroundings. Gleaming hardwood floors flow into the recently updated kitchen with maple cabinets, granite counters and stainless appliances. You will love your large living room with wood burning fireplace and large Bay Window. Enjoy single level living with two large bedrooms and tiled bath all on the same floor. The Master Bedroom is front to back and could accommodate an additional bed or seating area. You will also appreciate the interior access to your garage and basement. This is where you will find a newer propane gas furnace as well as a state of the art reverse osmosis water filtration system. You will not have any storage problems here with a lockable walk out Laundry area that has many possibilities for future expansion. Loads of potential awaits just a short walk to Amherst Village. Sidewalks with lighting, bike and walking trails along with Baboosic Lake Town Beach minutes away.
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| Nov 14, 2018 | Sold | ||
| Sold | |||
| Sep 5, 2018 | Listed by Bean Group / Bedford | $269,900 | |
| Listed by Bean Group / Bedford | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017