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7485 Sombrilla 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 6, 2018 | No longer available | - | |
| No longer available | |||
| Aug 30, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | Listed | $379,000 | |
| Listed | |||
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Looking for that first home that has been lovingly updated, utilizing smart home technology tools and is ready for you to move in? Look no further! As you enter this charming home you are greeted with warmth from the tasteful wall colors, shabby chic décor and modern conveniences. Tastefully improved over the years you will find laminate flooring, marble countertops, stainless steel appliances in the kitchen, indoor laundry and spacious walk in closets for both bedrooms. Situated on a large lot, you may experience nature in the rear yard enjoying the deer that adorn the hills around you which also happen to be part of an open space and tree conservation easement. There is room to create an outdoor entertaining area, play yard for children or gardening retreat. Whether you are looking for your first home, an investment opportunity or to downsize, do not miss the chance to view this meticulously maintained home. Listing agent and listing broker have not verified the accuracy of any information provided by any source(s). We make no claim(s) or warranty(s) with regards to any information provided, past, present or future property conditions, investments, or uses. The manager has listed the unit size as 770 square feet.
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| Jul 23, 2018 | Listed by Merrill & Associates Real Estate | $379,000 | |
| Listed by Merrill & Associates Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017