7148 Sage Avenue
About This Property
The property is fully chain-link fenced and the home sits far from the front gate, offering exceptional privacy-perfect for someone who values peace and seclusion.
Zoned RM-10, the large lot may allow for the development of multiple additional units, creating a great opportunity to live in the existing home while building more units for extended living or investment potential. Buyer to verify with the city regarding permitted uses.
Enjoy the best of both worlds: privacy and space, while still being within walking distance to the market.
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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 |
|---|---|---|---|
| May 5, 2026 | Sold | ||
| Sold | |||
| Apr 15, 2026 | In contract | - | |
| In contract | |||
| Feb 2, 2026 | Listed by Cherie Miller & Associates | $259,000 | |
| Listed by Cherie Miller & Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017