7350 Seventh Street
About This Property
Set on a generous lot, the outdoor space provides endless possibilities-whether you're looking to garden, entertain, or simply enjoy time outdoors. One of the standout features is the energy-efficient solar panel system, helping to lower utility bills. Please note, the buyer will assume the loan for the solar panels, making this both a smart financial move and an eco-friendly investment with long-term savings.
This charming, beautifully updated home offers the perfect combination of comfort, modern design, and character. Inside, you'll find stylish new flooring, refreshed cabinetry, and contemporary fixtures that create a warm, inviting atmosphere.
Additional upgrades include a new roof installed in 2023 with a transferable warranty and a new furnace and AC unit
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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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Feb 25, 2025 | In contract | - | |
| In contract | |||
| Feb 19, 2025 | No longer available | - | |
| No longer available | |||
| Feb 13, 2025 | In contract | - | |
| In contract | |||
| Oct 23, 2024 | Listed by Coldwell Banker Heritage R E | $300,000 | |
| Listed by Coldwell Banker Heritage R E | |||
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About Canutillo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017