7 Williams Street
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.
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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 29, 2024 | Sold | ||
| Sold | |||
| Jan 26, 2024 | Listed by Oceanside Real Estate | $859,900 | |
| Listed by Oceanside Real Estate | |||
| May 21, 2023 | No longer available | - | |
| No longer available | |||
| May 19, 2023 | Listed by Oceanside Real Estate | $940,000 | |
| Listed by Oceanside Real Estate | |||
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First time on the market since 1917 - Only one family ownership. Although originally built in 1917, it has been remodeled. Taken down to the studs and built out to give 6" depth for added insulation. Probably the most distinctive feature of this property is the location and setting. Large lot of .22 acres along the eel creek (Kayaking anyone?) A separate seasonal cottage is on site for your overflow family or visitors. It is a one bedroom, 1 bath, enclosed porch and mini split for heat and cooling. Ample parking. The manager has listed the unit size as 1490 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017