7007 Tara Drive
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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 |
|---|---|---|---|
| Mar 4, 2021 | Sold | ||
| Sold | |||
| Jan 13, 2021 | Listed by Urban Luxe Properties | $174,950 | |
| Listed by Urban Luxe Properties | |||
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Move in ready! Welcome to your new home in Richmond just 30 mins from the Medical Center and Downtown with easy access to 59 and 99. New A/C and duct work as of December 2020. Brand new carpet throughout, fresh interior paint, renovated bathroom vanities and fresh landscaping in the front yard - all as of 2021. Roof was replaced in 2017 right before current owner. The backyard features a spacious and well maintained shed. Living and dining room get an abundance of natural light! One of the secondary bedrooms has laminate wood flooring installed from previous owner. Don’t miss out on this lovely 3 bed/2 bath home! Washer, dryer, refrigerator and ring door bell stay with the home! Come visit today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017