7440 Avenue E
About This Property
Crafted By A Premier Luxury Builder, This Home Combines Quality And Style. Built With 6-inch Stud Walls For Exceptional Insulation And Soundproofing, A Pile Foundation, Solid Core Doors, And High-End Finishes. The Primary Suite Offers Dual Vanities, A Spacious Tiled Shower, And A Generous Walk-In Closet. Jack-And-Jill Bedrooms Include Private Closets, Adding Convenience And Privacy For Family And Guests. Enjoy Outdoor Living With A Covered Patio, 2-Car Garage, And No HOA Fees! Located Near Hwy 59 For Easy Access To Shopping And Dining. The Standout Home In The Neighborhood-Move-In Ready!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 9, 2026 | In contract | - | |
| In contract | |||
| May 1, 2026 | Price Decreased |
$289,000
↓ $11K
(3.7%) | |
| Price Decreased | |||
| Mar 27, 2026 | Price Decreased |
$300,000
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Mar 13, 2026 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017