7777 Exchange Place
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 |
|---|---|---|---|
| Aug 31, 2020 | Sold | ||
| Sold | |||
| Jun 30, 2020 | Listed by Berkshire Hathaway HomeService | $3,195,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Jun 4, 2014 | Sold | ||
| Sold | |||
| Mar 28, 2014 | Listed by Berkshire Hathaway HomeService | $2,295,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Renovated with respect for its original 1920's-era charm and character, this California Spanish has been beautifully updated with exquisite finishes and luxuries for today. Located in the heart of the Village close to shops, restaurants, the Farmers' Market and beach parks, this expansive California Spanish home with separate guest quarters* for out-of-town guests offers gleaming hardwood floors, lovely archways, fireplaces, French doors and covered Village-and-sea-view terraces. Please see supplement. Neighborhoods: Village Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: GSL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017