707 McClain Street
About This Property
This residence offers a convenient layout with 3 bedrooms on one end and 2 on the other. Metal roof, vinyl siding, updated windows, some fresh paint, NEEDS TLC, mostly cosmetic work. It would make a great home or a fantastic 5-bedroom rental investment, yielding likely a higher rental return. Chain-link-fenced backyard & a shed included! Easy access to 1-44 too.- Richland School District. - Come and explore the potential this property offers. Seller wants to sell "As Is".
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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 |
|---|---|---|---|
| Oct 13, 2026 | Price Increased |
$144,900
↑ $30K
(26%) | |
| Price Increased | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 29, 2021 | Listed | $115,000 | |
| Listed | |||
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Tons of space in this 5 bedroom 2 bath home! This home has a modern open floor plan and a beautiful updated kitchen featuring an electric cooktop and huge double oven. The main areas are easy maintenance with Laminate flooring. On one end of the house, you'll find the main bath and 3 nice sized bedrooms, including the master with its updated master bath. On the other side you'll find a second living room and 2 more bedrooms. There is a huge laundry room with pantry space and plenty of room for a deep freeze. The washer and dryer are also included. There is so much living space and storage in this home as well as the additional storage building out back and a fenced back yard. All you need to do is pack! The manager has listed the unit size as 1675 square feet.
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| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 14, 2018 | Listed | $86,900 | |
| Listed | |||
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Tons of space in this 5 bedroom 2 bath home! This home has a modern open floor plan and a beautiful updated kitchen featuring an electric cooktop and huge double oven. The main areas are easy maintenance with Laminate flooring. On one end you'll find 3 nice sized bedrooms, including the master with its newly remodeled master bath and the main bath. On the other you'll find a second living room, 2 more bedrooms and a huge laundry with pantry. So much living space and storage in this home, all on a fenced level lot with 2 storage buildings. Don't wait, call to see this home today! Seller will pay up to $3500 in buyers closing cost with full price offer. The manager has listed the unit size as 1866 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017