7295 Briarwood Drive
About This Property
Full unfinished basement offers excellent potential for additional living space, storage, or workshop, plus a one-car garage.
Large, level backyard with above-ground pool, perfect for outdoor enjoyment, entertaining, or relaxing. Situated in a quiet neighborhood with a peaceful setting, yet just minutes from shopping, dining, and new development in the Morristown area.
Special Offer: Receive a 1% rate reduction for 12 months when using the seller's preferred lender
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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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| May 4, 2026 | Listed by Keller Williams Realty | $250,000 | |
| Listed by Keller Williams Realty | |||
| Apr 18, 2023 | No longer available | - | |
| No longer available | |||
| Apr 7, 2023 | Listed by REMAX REAL ESTATE TEN OF MORRISTOWN | $249,900 | |
| Listed by REMAX REAL ESTATE TEN OF MORRISTOWN | |||
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Great Location, Full Brick, Basement Ranch Style Home with Vinyl Soffits, 3 Bedrooms, 1.5 Baths, original hardwood floors, NO CARPET. Attached main level 1-car Carport and 1-Car basement garage with opener and walk-out door. Full unfinished basement. Near Knoxville, Pigeon Forge & Gatlinburg. Newer Roof and HVAC. The manager has listed the unit size as 2322 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017