7307 Raton Street
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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 |
|---|---|---|---|
| Jun 27, 2022 | Sold | ||
| Sold | |||
| Jun 7, 2022 | Listed by Ronald M Lawless | $479,000 | |
| Listed by Ronald M Lawless | |||
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This beautiful craftsman style home is situated on a quiet tree-lined street and has been extensively renovated with clean modern finishes that create a timeless style. The layout is fantastic with four bedrooms, a large kitchen and family area and plenty of natural light. Some of the many updates include new windows, new roof, new pex plumbing lines, quartz/granite/marble countertops, new cabinetry and gorgeous engineered wood flooring. The bathrooms were completely redesigned and look like a work of art. The location is perfect with convenient access to The Galleria, I-10, Hwy 290, City Centre, downtown and Energy Corridor.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017