7810 Masters Road
About This Property
BUILD YOUR DREAM BUSINESS- ZONED HEAVY COMMERCIAL
AMAZING LOCATION IN THE CITY ON THE RISE! JUST A FEW BLOCKS OFF OF A VERY BUSY, HIGH TRAFFIC AREA.Zoned Heavy Commercial (HC). South Masters is identified as a parkway on our Major Thoroughfare Plan with an ultimate ROW width of 120-feet. Considering the current ROW width for South Masters is 60-ft, the property owner at 7810 South Master will need to dedicate 30-ft to dedicate. Major Thoroughfare Plan Map. SEE DOCS. The city has rules and regulations for orderly development as well as to ensure any owner is building is constructed to code (i.e., correct plumbing, electrical, etc.). They also require platting with development to ensure proper roads and drainage.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 26, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 8, 2026 | Relisted | $575,000 | |
| Relisted | |||
| Apr 22, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Aug 12, 2025 | Listed by eXp Realty LLC | $575,000 | |
| Listed by eXp Realty LLC | |||
| Jul 28, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017