7 Wilbur 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 |
|---|---|---|---|
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | In contract | - | |
| In contract | |||
| Feb 20, 2024 | Listed by Brad Hutchinson Real Estate | $709,900 | |
| Listed by Brad Hutchinson Real Estate | |||
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This spacious custom built Cape offers a lovely side street location on the Saugus/Melrose line. The open floor plan is light-filled and inviting, with a fireplaced living room adjacent to a sunny dining area. The eat-in kitchen provides access to the private fenced backyard - a true gardener's delight with many mature plantings.The main level offers simple one-level living potential with two good-sized bedrooms and a full bath. Upstairs, two generous 20ft bedrooms and another full bath provide ample space. All four bedrooms feature double closets and hardwood floors under carpet.In addition to generous storage throughout, the lower level provides additional possibilities. Enjoy the expansive street frontage with an 18,000+ sf private lot. The driveway can accommodate 6+ cars. Well-maintained by just two owners, this home is conveniently located near shopping, dining and highway access. With its spacious layout and charming updates, this home is a rare find. List agent is owner.
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| Oct 21, 2004 | Sold | ||
| Sold | |||
| Jun 22, 2004 | Listed by Brad Hutchinson Real Estate | $419,900 | |
| Listed by Brad Hutchinson Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017