7157 Elm Cove
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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 15, 2025 | Sold | ||
| Sold | |||
| Aug 16, 2025 | In contract | - | |
| In contract | |||
| Jul 8, 2025 | Listed by Keller Williams Legacy | $145,000 | |
| Listed by Keller Williams Legacy | |||
| Sep 25, 2023 | Sold | ||
| Sold | |||
| Aug 26, 2023 | Listed by Marti Realty Group | $162,999 | |
| Listed by Marti Realty Group | |||
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The first level of this two-story home is host to an open floorplan shared between the kitchen and living room, helping to maximize the footprint of the home. The owner's suite is situated at the back of the home, complete with an en-suite bathroom. Upstairs, a versatile loft provides additional shared living space with another bathroom. Prices and features may vary and are subject to change. Photos are for illustrative purposes only. Estimated availability Sept 2023.
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Last Updated: 5 months ago
Data Source: LERA, MLS# 1882257
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017