708 7th Street
About This Property
9'CEILINGS,HARDWOOD FLOORS THRUOUT-EAT IN KITCHEN WITH UPGRADED CABINETRY-GRANITE COUNTERTOPS-CENTRAL AIR-GAS HEATING S.S. APPLIANCES-VINYL SIDING AND STONE FRONT-CONCRETE D/WAY SOLID CORE DOORS-MASTER SUITE WITH TRAY CEILING HUGE FULL BASEMENT 7500 SQ.FT LOT.SEE THE REST THEN COME SEE THE BEST.
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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 |
|---|---|---|---|
| Jan 3, 2020 | Sold | ||
| Sold | |||
| May 29, 2019 | Listed by RE/MAX Imperial | $489,000 | |
| Listed by RE/MAX Imperial | |||
| Sep 27, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $49,900 | |
| Listed | |||
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3 Bedroom, 1 bath ranch. Will have to be raised or re-built according to FEMA Guidelines. This is part of Freddie Mac's First Look Initiative. Owner Occupants may submit offers right away. Investors must wait 20 days on market before submitting an offer(8/2/17). SOLD STRICTLY AS IS. ALL FEMA & TOWNSHIP REQUIREMENTS ARE BUYER'S RESPONSIBILITY.The manager has listed the unit size as 1126 square feet.
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| Jul 10, 2017 | Listed by C21/ Mack Morris Iris Lurie | $49,900 | |
| Listed by C21/ Mack Morris Iris Lurie | |||
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3 Bedroom, 1 bath ranch. Will have to be raised or re-built according to FEMA Guidelines. This is part of Freddie Mac's First Look Initiative. Owner Occupants may submit offers right away. Investors must wait 20 days on market before submitting an offer(8/8/17). SOLD STRICTLY AS IS. ALL FEMA & TOWNSHIP REQUIREMENTS ARE BUYER'S RESPONSIBILITY.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017