7709 Element Avenue
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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.
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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 6, 2023 | Sold | ||
| Sold | |||
| Oct 12, 2022 | Listed by Keller Williams Realty | $1,749,900 | |
| Listed by Keller Williams Realty | |||
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Located in The Villas of Legacy West, this spacious contemporary-style luxury home is nestled on a coveted prime & premium corner lot. The house is open, airy, sleek, functional & designed with many exceptional features. Gorgeous wood flrs flow throughout & a stunning imported custom chandelier drops through a 36-foot modern stairwell. The open floor plan has a dream Kitchen equipped with SS appliances, incl a 6-burner commercial-grade gas cooktop, double ovens, & BI Dacor fridge surrounded by abundant cabinetry & designed with quartz countertops, WI pantry & Kitchen island. Landscaped fenced-in patio & side yard with outdoor Kitchen. Primary Bedrm offers His & Hers closets & ensuite with floating cabinets, a decadent freestanding tub & double shower. 3 sizeable Secondary Bedrms each with WI closets & 2 with ensuite Full Bathrms & access to the patio. Loft space on the 2nd floor with a private patio.Marvelous Media Room, Game Room with a wet bar, and access to a large patio on 3rd Flr.
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| May 26, 2020 | Sold | ||
| Sold | |||
| Dec 13, 2019 | Listed by Perry Homes Realty LLC | $1,181,900 | |
| Listed by Perry Homes Realty LLC | |||
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14242081
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017