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7 Tranquility Place
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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 |
|---|---|---|---|
| Apr 17, 2019 | Sold | ||
| Sold | |||
| Feb 28, 2019 | Listed by Pacific Sotheby's Int'l Realty | $1,775,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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This one of a kind, recently remodeled, Meriden masterpiece in the exclusive gated community of Covenant Hills will not disappoint. Sophisticated and timeless features throughout, including new designer laminate wood flooring, new interior paint, designer carpet, window casings & custom lighting. Home has been repiped with PEX and includes a 60-panel owned solar system. Impressive kitchen with breakfast nook features new pristine white shaker cabinetry and is highlighted by an expansive kitchen island with quartz counters and custom subway tile backsplash, upgraded stainless steel appliances including built-in refrigerator, which complete this grand kitchen. Generous family room/great room has custom stacking doors to backyard, raised hearth at fireplace with mantle, and built-in media cabinet. Inviting living room includes fireplace plus elegant dining room with custom lighting and adjacent French doors. Grand master suite has beamed and paneled ceiling treatments and view balcony. Luxurious master bath has dual sinks, vanity, soaking tub, separate shower, and substantial walk-in closet with custom cabinetry. Enjoy the resort-like backyard which includes sparkling pool & spa, generous patio, exquisite loggia with full kitchen, seating area and swim up bar, outdoor dining with fireplace and pizza oven. Close to Covenant Hills amenities, including clubhouse with pool, spa & tennis, plus Oso Grande Elementary School. Truly a spectacular place to call home!
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| Mar 19, 2018 | Sold | ||
| Sold | |||
| Feb 13, 2018 | Listed by Veranda Realty | $1,749,000 | |
| Listed by Veranda Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017