7203 Hoffman 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%.
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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 |
|---|---|---|---|
| Mar 5, 2024 | Sold | ||
| Sold | |||
| Feb 5, 2024 | In contract | - | |
| In contract | |||
| Jan 31, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - | $285,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - | |||
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Come and see! This is a gorgeous home featuring open concept living room, kitchen and dining. The kitchen has exquisite upgrades including granite countertops, an island, custom built cabinets, large pantry and Stainless Steel appliances including a gas stove, dishwasher and refrigerator. There are 4 spacious bedrooms with good lighting and nice sized closets. One upstairs bedroom has an en-suite and can be a second primary if needed. This home is perfect for entertaining with 10' ceilings and french doors leading out to a big, fenced backyard! This location is 12 minutes from downtown. No HOA. There is extra storage in the garage. Refrigerator, washer and dryer will stay.
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| Mar 30, 2020 | Sold | ||
| Sold | |||
| Mar 11, 2020 | Listed by Walzel Properties | $235,000 | |
| Listed by Walzel Properties | |||
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Make this new house your home! SPACIOUS! It features a grand, open concept living room/kitchen with Energy-efficient SS appliances. Alongside the kitchen, the spacious utility rooms are equipped with major storage space. With tile and carpet throughout the whole house, each bedroom has spacious closets and room.You'll find the living room to be perfect for entertaining on looking at the french doors to gain access to the backyard. !Exquisite home with 4 huge bedrooms located in the East Houston area. Spacious and open floor plan,10 feet ceiling perfect for entertaining! Kitchen and bathrooms with granite countertops, kitchen island, custom build cabinets, Large pantry for lots of stocking space.Large fenced yard.Spacious family room with windows overlooking the property. Lots of upgrades were done to this property inside out,new frameless shower door in first floor Master Bath. Two master bedrooms for more family convenience. Great location,12 minutes to downtown.No HOA/No Restriction
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017