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7116 NATAL Avenue
About This Property
Corner lots of this size are becoming increasingly difficult to find, making this a unique opportunity for investors, builders, and visionaries looking to capitalize on a large homesite in an established neighborhood. The property is serviced by city water and septic and offers plenty of room for expansion, new construction, outdoor living spaces, or whatever your vision may be. Whether you're searching for your next flip, a potential teardown project, or a large lot to build your dream home, this property presents exceptional upside potential. Bring your contractor, your imagination, and your best offer. Opportunities like this don't come around often--schedule your showing today and explore the possibilities before it's gone!
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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 |
|---|---|---|---|
| Sep 4, 2026 | Sold | ||
| Sold | |||
| Jun 29, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Listed by FREEDOM REALTY GROUP LLC | $70,000 | |
| Listed by FREEDOM REALTY GROUP LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017