7 Preston 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 |
|---|---|---|---|
| Jan 18, 2019 | Sold | ||
| Sold | |||
| Nov 8, 2018 | Listed by Coldwell Banker Residential Brokerage - Lexington | $889,000 | |
| Listed by Coldwell Banker Residential Brokerage - Lexington | |||
| Feb 9, 2007 | Sold | ||
| Sold | |||
| Sep 5, 2006 | Listed by Gibson Sotheby's International Realty | $539,900 | |
| Listed by Gibson Sotheby's International Realty | |||
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Nicely maintained colonial with wonderful charm and character from the front to back fireplaced living room with built-in book shelves to the nice bright family/sun room. Built-in hutch in the dining room, updated cherry kitchen with recessed lights adjacent to the screen porch. Four good sized bedrooms an updated bathroom on the second floor. To complete the package a two car detached garage with attic storage area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017