7 Pierce Road
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 2, 2026 | Sold | ||
| Sold | |||
| Mar 3, 2026 | In contract | - | |
| In contract | |||
| Feb 19, 2026 | Listed by South Shore Sotheby's International Realty | $889,900 | |
| Listed by South Shore Sotheby's International Realty | |||
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Welcome to this one-of-a-kind, multi-generational property offering 9 rooms and nearly 3,500 sf of beautifully designed living space, perfectly situated on a quiet cul-de-sac in a highly sought-after seaside community. The newly renovated home features 4 bedrooms and 2 full baths in a thoughtfully laid out space to provide comfort, privacy, and flexibility for today’s lifestyle. The updated kitchen and bathrooms in both homes showcase contemporary design and quality craftsmanship, blending modern amenities with timeless appeal. Energy-efficient solar panels help reduce utility costs while supporting sustainable living. Step outside to a huge deck overlooking a large, level, fully fenced backyard—an entertainer’s dream and a peaceful retreat.
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| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 22, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017