7442 Knob Hill Avenue
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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by The Closers Real Estate Group | $369,900 | |
| Listed by The Closers Real Estate Group | |||
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This updated ranch-style home, on an oversized lot, is nestled in the heart of Deer Park/Pasadena, offering easy access to an array of shops and restaurants. The property has undergone extensive enhancements. Key upgrades include installation of french drains, sewer line, PEX plumbing, updated electrical systems, and tankless water heater. Additional features include a water softener, radiant barrier roof, and new designer flooring throughout the entire home. The open-concept living area enhances the overall space as well as granite countertops and new cabinetry in the kitchen and bathrooms. Most notably, this home comes equipped with a 24kW Kohler generator, providing reliable backup power and eliminating outage concerns. A major addition to the home is the oversized three-car garage, offering ample space for a workshop. Additionally, an extended driveway leads to a spacious backyard area, perfect for storing a trailer or RV. Come check out this one-of-a-kind property today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017