7113 Pear Tree Lane
About This Property
Looking for your next big project? This property is a diamond in the rough, waiting for the right investor to unlock its full potential. While it needs significant TLC, the surrounding neighborhood is thriving with beautifully maintained homes, making this a prime opportunity for a high after-rehab value (ARV).
Whether you're an experienced flipper or a savvy investor, this property offers the chance to create something special. Don't miss out on this rare find in a high-demand area-bring your vision and turn this into a remarkable investment!
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | Price Increased |
$221,000
↑ $2K
(0.9%) | |
| Price Increased | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
| May 24, 2025 | Price Decreased |
$218,999
↓ $1
(0%) | |
| Price Decreased | |||
| May 23, 2025 | Price Decreased |
$219,000
↓ $2K
(0.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017