7747 Canal Drive
About This Property
Outside, escape to your own private retreat in the beautiful backyard featuring an above-ground jacuzzi, perfect for relaxation. Enjoy manicured landscaping, exterior twilight lights for ambiance, a fire pit for cozy evenings, and a charming bench swing plus canal views, ideal for outdoor entertaining. Located in a desirable neighborhood, with A rated schools. Don't miss the opportunity!
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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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | Listed by KW Innovations | $444,000 | |
| Listed by KW Innovations | |||
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About Countrywood
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$7,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017