7834 Element Avenue
About This Property
Rm, Dining Rm, Kitchen, & Half Bath on 1st Flr. The state-of-the-art Kitchen is equipped with SS appliances,
including a built-in Liebherr refrig with wine cooler, and commercial-style 6-burner gas range top with vent
hood. Beautiful cabinetry offers abundant storage space. The Kitchen's large island w- breakfast counter
accommodates seating for casual dining. The sumptuous Primary Bedrm with balcony & Full Bathrm, two
bedrms, a loft area, & Laundry Rm are on the 2nd level. The 2 Bedrms are spacious, have ample closet
space, and share a Full Bathrm. A 4th Bedrm & Full Bath on Flr 3 with Adjoining Media-Game Rm complete
with wet bar. The indoors & outdoors are connected with a sliding glass wall opening to
covered and uncovered deck. The outdoor living space includes a gas FP & ample space for relaxing &
entertaining! Plumbed pet washing station in attached 2 car garage.
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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 |
|---|---|---|---|
| May 14, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | Listed by Keller Williams Legacy | $1,099,000 | |
| Listed by Keller Williams Legacy | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017