7770 Simms St
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 |
|---|---|---|---|
| Feb 19, 2025 | Sold | ||
| Sold | |||
| Jan 27, 2025 | In contract | - | |
| In contract | |||
| Jan 17, 2025 | Listed by Real Broker, LLC DBA Real | $725,000 | |
| Listed by Real Broker, LLC DBA Real | |||
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Prepare to fall in love with this stunning single-story home, perfectly situated on a highly desirable corner lot. This East-West facing property boasts exceptional curb appeal with a 2-car garage and a charming front porch that warmly welcomes you in. Beautifully remodeled with taste and style, the open-concept layout features new appliances, a modern AC unit, and updated guest and main bathrooms. Relax in the charming family room with a fireplace and dry bar, or practice your cooking skills in the pristine kitchen boasting stainless steel appliances, quartz counters, tile backsplash, a plethora of white cabinetry, and a center island with pendant lighting over the breakfast bar. The finished basement offers a non-conforming bedroom with a closet, ideal for your guests. The meticulously manicured lawn adds a touch of elegance to the exterior. One of the standout features of this home is the private and spacious backyard, complete with a gate that swings open for additional parking. Here, you'll find a convenient storage shed and a covered patio, perfect for savoring your morning coffee or unwinding in the evening. What's not to love? A gem like this won't stay on the market for long. Don't miss your chance to make it yours!
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| Oct 11, 2024 | Listed | $450,000 | |
| Listed | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017