7811 DAVID PLACE
About This Property
Inside, the home offers a comfortable and open layout. The galley-style kitchen boasts ample storage, with a separate dining area conveniently located nearby. There are two well-sized bedrooms and a full bathroom, plus a versatile bonus room that can easily be transformed into a third bedroom, family room, or home office. Currently, it serves as a combined bedroom/living space-your options are wide open!
This home has been lovingly maintained over the years. NEW refrigerator included in the sale. The furnace and electrical system were updated in 2018, and the AC unit, hot water heater, and roof are all recently replaced. Opportunities like this don't come often-come see it for yourself and make it yours!
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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 |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Feb 9, 2026 | In contract | - | |
| In contract | |||
| Dec 22, 2025 | Listed by Romano Realty | $184,900 | |
| Listed by Romano Realty | |||
| Nov 17, 2025 | Price Decreased |
$184,900
↓ $100
(0.1%) | |
| Price Decreased | |||
| Nov 4, 2025 | Price Decreased |
$185,000
↓ $4K
(2.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017