7723 Pagewood Lane
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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 |
|---|---|---|---|
| Feb 15, 2024 | Sold | ||
| Sold | |||
| Jan 8, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2023 | Listed by Douglas Elliman Real Estate | $695,000 | |
| Listed by Douglas Elliman Real Estate | |||
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HONEY...STOP THE CAR. THIS IS THE ONE! If you have previously seen this home, please come back for a second look. We are rested, refreshed & ready to go! Fabulous curb appeal with a private resort-style pool & spa with custom landscaping in the back & front. Recent big-ticket updates include roof, centrals, water heater & windows. September 2023 includes complete interior paint including kitchen cabinets, new ceiling fan, light fixtures, recessed LED in living, den & primary & carpet in all bedrooms. A classic 4/2.5 floorplan suits many lifestyles with updated baths, primary with 2 walk-in closets (1 expandable by taking in a 2nd hallway walk-in) & is well situated in a prime & pretty block just 3 homes off the Stoney Brook esplanade. Neighborhood amenities include a nearby park, pool & updated clubhouse. This much-loved home has been cherished by its current stewards for more than 3 decades and is ready for its next chapter to be written. Will the author be you?
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017