7318 Ilex 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 |
|---|---|---|---|
| Feb 18, 2022 | Sold | ||
| Sold | |||
| Nov 27, 2021 | Listed by RE/MAX RESULTS | $314,900 | |
| Listed by RE/MAX RESULTS | |||
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BRAND NEW SHINY PENNY! Gorgeous new construction home in 2nd ward is ready for a new owner. Featuring 3 bedrooms and two full baths, this home has tons of upgrades. Tile flooring, 10 foot ceilings, built in drawers in all closets, granite in kitchen and bathrooms, 30 year roof, double drive ways provide PLENTY of parking, outdoor patio that expands the length of the house and a beautiful front porch make this home a retreat!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017