7007 Narrows Avenue
About This Property
The main floor features an open living and dining area with marble flooring and decorative chandeliers. The updated eat-in kitchen is equipped with black granite countertops, snow-white cabinetry, and stainless-steel appliances.
Upper level, there are three bedrooms and a full bathroom, with hardwood floors throughout. All bedrooms have generous closet space, including multiple walk-in closets for added storage and convenience.
The basement includes large room, a full bathroom, laundry room, and separate entrance.
Additional features include a shared driveway, detached garage, and a second private parking space. Conveniently located near parks, waterfront paths, shopping, and public transportation
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Sep 10, 2025 | Price Decreased |
$1,349,000
↓ $26K
(1.9%) | |
| Price Decreased | |||
| Aug 8, 2025 | Price Increased |
$1,375,000
↑ $26K
(1.9%) | |
| Price Increased | |||
| Jul 22, 2025 | Relisted | $1,349,000 | |
| Relisted | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017