720 7th Street
About This Property
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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 |
|---|---|---|---|
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed by Coldwell Banker Today's, Realtors | $97,500 | |
| Listed by Coldwell Banker Today's, Realtors | |||
| Jun 8, 2010 | Sold | ||
| Sold | |||
| Apr 8, 2010 | Listed by Janko Realty & Development | $63,900 | |
| Listed by Janko Realty & Development | |||
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Cute 2 bedroom, 1 bath home in nice neighborhood with large fenced in back yard. Main level laundry. Possible 3rd bedroom or office in basement. All appliances to stay. Replacement windows, vinyl siding new in'04. Perfect for 1st time buyer or retired couple.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017