7 Tolkien Ln
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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Apr 8, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Compass | $675,000 | |
| Listed by Compass | |||
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Situated on a quiet cul de sac, this young & spacious home beckons its new owners. When you enter through the richly refinished front door into a bright & welcoming foyer, you sense the amazing flow, neutral color palette & upgrades that reflect the true pride of ownership. First floor boasts a dedicated office, 1/2 bath + massive great room w/ soaring ceilings, cozy fireplace + dining area. Enter the spacious kitchen featuring warm wood cabinetry, granite countertops & stainless appliances including new fridge & new tile floors. An informal dining area + serene sunroom w/slider connects to the back deck, w/ gas piped grill, patio & yard. 1st floor primary ensuite is a dream w/ plantation shutters, walk in closet & updated spa like bath w/ walk in shower & river rock tile. Upstairs encounter 2 more large bedrooms, a den, unfinished storage room + full bath. Huge basement has more options for living space + cedar closet. Whole house generator. This Over 55 home is a true gem!
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| Jul 30, 2020 | Sold | ||
| Sold | |||
| May 8, 2020 | Listed by Compass | $529,900 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017