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7456 Clay St
About This Property
furnace, water heater and roof; a new sewer line was installed in August 2023, and much of the electric and plumbing has been updated. The layout of this home
The layout offers fantastic potential for rental or multigenerational living, as the basement features an open family room, kitchenetteand 2 more bedrooms.
Sold in "As Is" condition. Buyer should assume Solar Panel Debt. Monthly payments are around $ 250.00 per month. THE SALE COMPLETION IS SUBJECT TO APPROVAL BY THE MORTGAGE, BUT LENDER APPROVED AT THIS PRICE .
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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 19, 2026 | Price Decreased |
$418,500
↓ $27K
(6%) | |
| Price Decreased | |||
| Aug 10, 2026 | Listed | $445,000 | |
| Listed | |||
| Sep 26, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2023 | Listed | $451,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017