47
Map
7 Ortley Avenue
About This Property
New back patio and added more landscaping, added irrigation, side walkway, front walkway, added fencing across driveway and gate on side next to us so yard is fenced in. Installed underground wiring from side of house to back at n the event wanted to add garage or pool equipment. New kitchen appliances, except for microwave, new flooring except for porch and upstairs bathrooms, gutted downstairs bathrooms, new washer/dryer, new countertops in kitchen, new island and repainted cabinets along wall, added corner lazy Susan. Closed in wall in LR where TV is, it was folding door to BR. Painted entire inside except 2 bathrooms upstairs, restained staircase to match floors, added high hats in kitchen and LR. New fans throughout the house. New TVs, new beds upstairs. New blinds in upstairs BR and porch, lots of new furniture inside and out. New HVAC system.
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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.
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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 14, 2026 | Sold | ||
| Sold | |||
| May 22, 2026 | In contract | - | |
| In contract | |||
| May 7, 2026 | Listed by Keller Williams Shore Properties | $2,795,000 | |
| Listed by Keller Williams Shore Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017