7 Montrose Street
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 14, 2025 | Sold | ||
| Sold | |||
| Oct 13, 2025 | In contract | - | |
| In contract | |||
| Oct 2, 2025 | Price Decreased |
$588,800
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Sep 17, 2025 | Listed by Century 21 North East | $589,988 | |
| Listed by Century 21 North East | |||
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****WALKING DISTANCE TO WELLINGTON STATION .**** Welcome to 7 Montrose St, a well-kept single-family home ready for its next chapter! Featuring 3 bedrooms, 1 ceramic tile bath with Jacuzzi, and a convenient ½ bath, this home blends comfort with modern updates. Most of the interior was gutted to the studs and rebuilt in 2004–2005, including new walls, updated electrical, and more. The kitchen boasts maple cabinetry, a center island, and stainless steel appliances. Additional improvements include a newer roof, furnace, hot water tank, vinyl siding, windows, heating system, and new front stairs—ensuring peace of mind and low-maintenance living for years to come.The fully fenced, level lot provides privacy and room to enjoy, while off-street parking fits 3–4 cars, possibly 5. Perfectly located near Encore Casino, shops, dining, public transportation and with quick highway access, this home offers both convenience and lifestyle.Don’t miss this opportunity !!
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| Sep 14, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017