7 Western Ave
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%.
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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 8, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Listed by RE/MAX 360 | $535,000 | |
| Listed by RE/MAX 360 | |||
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Beverly, Ryal Side Ranch offers living room w/ bay window and hardwood floors leading to sunken family room with fireplace and beamed, cathedral ceiling with built-in cabinets; and, steps leading to dining room with sliders to large deck and off eat-in kitchen with skylight and glass door to deck and large back yard. One full bath was recently updated and 2 bedrooms have hardwood floors and closets. Windows are Anderson thermopane; all doors are solid, six panel doors. Home is heated by oil, forced hot air system and hot water tank is electric. Full basement is unfinished with bulkhead to the back yard. Great opportunity for first-time buyers or downsizers looking for single-level living, just 1/2 mile to the Crane River, riverfront areas and near Obear Park. Home sold "as is". Beverly is a river and seaside community with inviting downtown, beaches, commuter rail and easy access to highways. Enjoy the neighborhood and the lifestyle! Open Thurs. 2/29, 3:30-5PM; Sat & Sunday 12-1:30PM
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| May 17, 1977 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017