7 Reed Road
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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 |
|---|---|---|---|
| Feb 25, 2026 | Sold | ||
| Sold | |||
| Nov 25, 2025 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Listed by Prime Time Real Estate Inc. | $779,000 | |
| Listed by Prime Time Real Estate Inc. | |||
| Jul 22, 2020 | Sold | ||
| Sold | |||
| Mar 12, 2020 | Listed by RE/MAX 1st. Advantage | $499,900 | |
| Listed by RE/MAX 1st. Advantage | |||
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One of a kind home w/an expansive layout that is sure to please! Classic rocking chair front porch welcomes you before stepping inside, the perfect space to enjoy the ocean breeze and take in the neighborhood views! LR is spacious & bright w/soaring Cathedral Ceilings that open up the space completely. Plush carpet & neutral colors make it easy to move right in & add your own touch! Gourmet Kitchen has the works! Granite counters, Center Island w/trendy Pendent Lights, SS Appl., 42'' Soft Close Cabs + a dinette feat. a Gas F/P & access to the rear deck. This home is an entertainers paradise! The Sunken FR is massive w/plenty of space to host gatherings. All 4 BRs are a great size w/ample closets. 3 Attics call for endless amounts of storage. Partial Basement is waiting for finishes. finishes. Premium ANDERSEN Windows in LR, DR & MBR w/transferable warranty. Heat. 1 yr Home Warranty,too! All of this w/a huge backyard that can't be beat! I/G Pool w/slide, Massive Wrap Around Deck & ONLY 10 MILES TO ANY OCEAN! WOW!
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Last Updated: 8 months ago
Data Source: MOMMLS, MLS# 22535080
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017