7 Nelson Dr #3
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 |
|---|---|---|---|
| Apr 25, 2022 | Sold | ||
| Sold | |||
| Mar 29, 2022 | Listed by Whitty Real Estate | $200,000 | |
| Listed by Whitty Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/29/2022
|
2 Bed
|
1 Bath
|
728 ft²
|
$200,000
2 Bed
1 Bath
728 ft²
|
$200,817
+0.41%
04/25/2022
|
Michelle Lawton
Century 21 North East
| |
|
07/06/2021
|
2 Bed
|
1 Bath
|
720 ft²
|
$195,000
2 Bed
1 Bath
720 ft²
|
$195,000
09/14/2021
|
Denis Lilla
Conway - Lakeville
| |
|
02/24/2021
|
2 Bed
|
1 Bath
|
725 ft²
|
$164,900
2 Bed
1 Bath
725 ft²
|
$185,624
+12.57%
03/24/2021
|
Colleen Fitzpatrick
Whitty Real Estate
| |
|
01/22/2021
|
2 Bed
|
1 Bath
|
735 ft²
|
$174,999
2 Bed
1 Bath
735 ft²
|
$185,000
+5.71%
03/09/2021
|
Marina Gil Santamaria
StartPoint Realty
| |
|
10/06/2004
|
2 Bed
|
1 Bath
|
728 ft²
|
$162,500
2 Bed
1 Bath
728 ft²
|
$162,000
-0.31%
12/17/2004
|
Myrna Rothman
Todd A. Sandler REALTORS®
| |
|
01/28/2003
|
2 Bed
|
1 Bath
|
735 ft²
|
$133,900
2 Bed
1 Bath
735 ft²
|
$130,500
-2.54%
04/30/2003
|
Elaine Hochman
Todd A. Sandler REALTORS®
| |
|
11/15/2002
|
2 Bed
|
1 Bath
|
728 ft²
|
$129,900
2 Bed
1 Bath
728 ft²
|
$131,000
+0.85%
03/07/2003
|
Myrna Rothman
Todd A. Sandler REALTORS®
| |
|
02/19/2002
|
2 Bed
|
1 Bath
|
735 ft²
|
$119,900
2 Bed
1 Bath
735 ft²
|
$118,500
-1.17%
05/31/2002
|
Peter Hughes
Jack Conway Harwich
| |
|
06/23/1999
|
2 Bed
|
1 Bath
|
735 ft²
|
$69,900
2 Bed
1 Bath
735 ft²
|
$67,000
-4.15%
10/19/1999
|
Myrna Rothman
Todd A. Sandler REALTORS®
| |
|
04/30/1997
|
2 Bed
|
1 Bath
|
790 ft²
|
$44,900
2 Bed
1 Bath
790 ft²
|
$44,150
-1.67%
06/30/1997
|
Todd Sandler
Todd A. Sandler REALTORS®
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017