7418 NANCEMOND STREET
About This Property
All on one level are your choice of two bedrooms with a lovely bath to share, and the luxurious modern primary suite with walk in shower and dual vanities. Still a bonus den is pretty amazing for play time or movie night, so you can use the workshop for work or a gym. Quick access to I-495, I-395 is an option but let me tell you a secret - it is only 1 mile to the VRE, that the owner LOVES to take all the way to Union Station. Not crowded, incredibly clean, and you can even take food and drinks. Luxury for only $5.
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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%.
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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 |
|---|---|---|---|
| Feb 13, 2026 | Sold | ||
| Sold | |||
| Jan 11, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Listed by Foxtrot Company | $729,000 | |
| Listed by Foxtrot Company | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017