7131 DELEGATE PL
About This Property
with dining room space, featuring high ceilings, open floor plan and recessed lighting. Gourmet kitchen featuring 42" cabinets, built in microwave, wall oven, five burner gas cooktop stove and upgraded countertops w/ a breakfast bar. Impressive master suite with a tray ceiling and a huge walk-in closet. Attached master bath featuring tile flooring, dual vanity sinks and a large stand up shower. Two additional large bedrooms sharing a full hall bath. One car attached garage with inside access. Community offers a club house, community pool, and tot lots.
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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 |
|---|---|---|---|
| Aug 24, 2023 | Sold | ||
| Sold | |||
| Jul 25, 2023 | In contract | - | |
| In contract | |||
| Jul 12, 2023 | Listed by Long & Foster Real Estate, Inc. | $385,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/12/2023
| |
3 Bed
|
3 Bath
|
-
|
$385,000
3 Bed
3 Bath
|
$408,500
+6.10%
08/24/2023
|
Michael Carpel
Long & Foster Real Estate, Inc.
|
|
02/03/2021
| |
3 Bed
|
3 Bath
|
1651 ft²
|
$359,990
3 Bed
3 Bath
1651 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017