7 Warwick Turnpike
About This Property
The second floor includes a primary bedroom and a second bedroom, allowing for comfortable separation of space. A full-length unfinished basement provides excellent storage and future potential.
Exterior features include a two-car garage, additional parking, a gazebo, porch, deck, and a detached shed, offering ample outdoor and functional space. The property combines a peaceful setting with convenient access to nearby amenities, including Pennings Farm, the Warwick Drive-In, and major shopping centers. Located just minutes from Vernon, New Jersey, this home offers both privacy and accessibility
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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 |
|---|---|---|---|
| Jun 22, 2026 | Sold | ||
| Sold | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | Price Decreased |
$679,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Feb 15, 2026 | Listed by BHG Real Estate Green Team | $699,000 | |
| Listed by BHG Real Estate Green Team | |||
| May 9, 2018 | Sold | ||
| Sold | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017