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7036 Hammock Trace Drive
About This Property
Ready to light up your life? This 3BR/2BA, 1366 sqft fixer-upper has been pre-smoked and rigorously de-flamed for your convenience! Say goodbye to the old carpet you didn't like anyway and hello to a bare-bones beauty, stripped down to the studs and raring to be dressed up. You know how people love 'open-concept'? Well, it doesn't get more open than this! We've taken care to prepare this home for its next chapter. Every surface has been thoroughly cleaned, and a fresh coat of heavy duty primer paint throughout the interior. Now, the place smells less like last year and more like your next big project. If you're someone who sees potential where others see work, this property is your canvas.
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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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 24, 2025 | In contract | - | |
| In contract | |||
| Nov 18, 2025 | Relisted | $380,000 | |
| Relisted | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Oct 26, 2025 | Relisted | $399,999 | |
| Relisted | |||
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About Viera South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017