7048 Avenue N
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%.
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 20, 2023 | Sold | ||
| Sold | |||
| Jul 21, 2023 | Listed by Jane Byrd Properties INTL. | $400,000 | |
| Listed by Jane Byrd Properties INTL. | |||
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Showcasing the Newest Modern Unit for a buyer with a taste for Dark Earthy tones mixed with todays Urban style. Minutes from Downtown, East River Development, Buffalo Bend Nature Park, bike trails, and much more! This Gem features tankless water heater, PEX plumbing, and LOW E windows. In your First floor you have 10-ft ceilings, floor-to-ceiling soft-close cabinets/drawers, a grand waterfall quartz island overlooking the dining and living spaces, and a private backyard. The Second floor host 3 bedrooms and a secondary living area/flex space. The primary bedroom features Cathedral ceilings, plenty of natural light from the oversized windows. Custom Primary Closet, the primary bath features a free-standing tub and oversized frameless glass shower with both rainfall shower head, a bench and handheld system within the shower. There is nothing like this on the market, so book your private showing today. ASK ABOUT OUR ASSUMABLE RATE AT 3.5%
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| Jan 31, 2022 | Sold | ||
| Sold | |||
| Jul 30, 2021 | Listed by Truss Real Estate | $349,900 | |
| Listed by Truss Real Estate | |||
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Due to high demand, Vecino Homes brings back the bold Buck floor plan and design in a 10-unit community, revitalizing the block of Avenue N. Free-standing unit with private driveway, this design was created for the bold buyer by tastefully blending dark tones with modern style. Minutes from Downtown, East River Development, Buffalo Bend Nature Park, bike trails, and more! The plan features tankless water heater, PEX plumbing, and LOW E windows. 1st floor features: 10-ft ceilings, floor-to-ceiling soft-close cabinets/drawers, a waterfall quartz island overlooking the dining and living spaces, and a private backyard. 2nd floor features: 3 bedrooms and a secondary living area/flex space. The primary bedroom features tray ceilings and plenty of natural light from oversized windows. The primary bath features a free-standing tub and oversized frameless glass shower with both rainfall showerhead and handheld system. Welcome to a Vecino Home!
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| Apr 13, 2021 | Listed by Truss Real Estate | $339,900 | |
| Listed by Truss Real Estate | |||
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Vecino Homes brings back the bold Buck plan and design due to high demand with 6 free standing private driveway 10 unit community reshaping the block of Avenue N. This design was created for the bold buyer with dark tones tastefully blended into modern. Minutes from Downtown and East River Development, Buffalo Bend Nature Park, bike trails and more! Tankless water heater, PEX plumbing, LOW E windows and more. A beautiful blend of craftsman style with a new improved floor plan which features 10 ft high ceilings on the first floor with floor to ceiling soft close cabinets/waterfall quartz counter-top overlooking the dining and living space. Private backyard. P The upstairs features 3 bedrooms with a secondary living area. The primary bedroom features tray ceilings and plenty of natural light from oversized windows. The primary bath features a free standing tub and a custom oversized shower with frameless glass shower, rain showerhead with additional bodywash. Welcome to a Vecino home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017