7 Monument Place #7
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%.
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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 |
|---|---|---|---|
| Aug 2, 2021 | Sold | ||
| Sold | |||
| May 26, 2021 | Listed by Redfin Corp. | $835,000 | |
| Listed by Redfin Corp. | |||
| | |||
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Welcome to The Villages at Monument Place where you’ll enjoy single family living in a low-maintenance condo setting! An Energy Star home with solar panels built in 2012, the main living level features 9-foot ceilings, hardwood flooring and an open floorplan sure to please. The eat-in Cherry kitchen with granite countertops and stainless appliances has deck access and the fireplaced family room with gorgeous built-in cabinetry is just steps away. A formal dining room, living room and home office round out the space. An oak staircase with a Juliet balcony leads to the second level where you’ll find the master suite and two additional spacious bedrooms as well as the laundry and attic storage. The lower walkout level is finished and also includes built-in cabinetry and loads of storage. The location is fantastic: NARA park, the Bruce Freeman Rail Trail and Acton Community gardens are all close by and Main Street and Great Road shopping are right around the corner. A must see!
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| Aug 10, 2011 | Sold | ||
| Sold | |||
| Mar 4, 2011 | Listed by Keller Williams Realty North Central | $618,888 | |
| Listed by Keller Williams Realty North Central | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/26/2021
|
3 Bed
|
3 Bath
|
2540 ft²
|
$835,000
3 Bed
3 Bath
2540 ft²
|
$901,000
+7.90%
08/02/2021
|
Maria Babakhanova
Redfin Corp.
| |
|
03/04/2011
|
4 Bed
|
3 Bath
|
3481 ft²
|
$618,888
4 Bed
3 Bath
3481 ft²
|
$625,000
+0.99%
08/10/2011
|
Marianne Blackstone Tabner
Keller Williams Realty North Central
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017