7 Runyon Street
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 |
|---|---|---|---|
| Aug 8, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | In contract | - | |
| In contract | |||
| May 2, 2024 | Listed by First Realty Properties Inc | $699,999 | |
| Listed by First Realty Properties Inc | |||
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Nestled on a cul-de-sac in the coveted West Islip Schools, offering a rare opportunity for versatile living arrangements! This charming DUPLEX presents an ideal investment or multi-generational living solution. The first floor boasts a cozy 2/3 bedroom, one-bathroom unit, perfect for a starter home or downsizing option. The bright and airy living room is complemented by a well-appointed kitchen and dining room. The first floor has direct access to a fully finished basement including a separate laundry room. Upstairs, discover a separate unit featuring three bedrooms, one bathroom, and spacious living areas including a kitchen, living room, and dining room. With its own private entrance, this level offers flexibility for extended family, guests, or rental income potential. Both units have direct access to an oversized and fully fenced rear yard perfect for entertaining on the large patio. This property combines comfort, convenience, and opportunity. Don't miss your chance to make this property your next investment or forever home!
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| Jun 13, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017