7 Rachael Circle
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 20, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | Listed by Better Living Real Estate, LLC | $850,000 | |
| Listed by Better Living Real Estate, LLC | |||
| | |||
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This stunning property has it all! The professionally maintained landscape and newly paved driveway adds abundant curb appeal which invites you home. Entertaining will be more than comfortable on the two tiered deck with pergola and shade from the beautiful trees. The deck leads to a beautiful fenced in yard surrounded by trees and pretty landscaping. Inside, you'll find lots of natural light and a floorplan that provides incredible flexibility with ten rooms that can accommodate most anything. Everything from the gas log fireplace, built in storage and walk out bay windows in the family room exudes a cozy feeling. There's plenty of rooms to work from home or have an extra fifth bedroom if you desire. Setting up exercise equipment will work in any area of the home depending on your lifestyle. There's a long list of updates attached, welcome home!
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| Jul 18, 2014 | Sold | ||
| Sold | |||
| Jun 4, 2014 | Listed by Better Living Real Estate, LLC | $489,000 | |
| Listed by Better Living Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017