7 Nelson Heights
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 |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Aug 19, 2025 | In contract | - | |
| In contract | |||
| Aug 18, 2025 | Relisted | $282,500 | |
| Relisted | |||
| Aug 6, 2025 | In contract | - | |
| In contract | |||
| Jul 8, 2025 | Listed by Afonso Real Estate | $499,900 | |
| Listed by Afonso Real Estate | |||
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This spacious 1920 New England cape style home is a prime example of early American Craftsman influence. It offers classic, historical charm with original wood features throughout, including hardwood floors, unpainted oak trim and built in cabinetry. Modern updates mixed with vintage touches makes this an ideal home for buyers who appreciate architectural integrity and timeless style. Large lot with mature landscaping invites gatherings with friends and family. Basement includes garage door entry allowing easy access for yard maintenance tools and storage of large items.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017