7230 PAINTER WAY
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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Price Decreased |
$239,500
↓ $10K
(4%) | |
| Price Decreased | |||
| Jul 31, 2025 | Listed by Keller Williams City-View | $249,500 | |
| Listed by Keller Williams City-View | |||
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Just in time for back to (med) school! This two-story 3-bed, 2.5 bath home has served as a spectacular home-turned-investment property for nearly 20 years, and now it can do the same for you! Tucked away from the noisy main roads this gated neighborhood is a great place for a starter home, first investment property, or a place to house-hack by renting out a room to a medical student to help pay your mortgage! Recently refreshed inside AND A NEW ROOF INSTALLED IN JULY 2025 -- this property is turn-key & move-in ready. This one has all the bells and whistles, too: a young HVAC (2016), water softener, modern appliances, solar screens on the windows help with energy efficiency, and did I mention the roof? A covered patio out back and an actual backyard with room to play, garden, or just relax. This property is the right buy -- schedule your showing today!
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| Jan 25, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017