7844 Ford Street
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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Sep 16, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | Listed by Real Broker, LLC | $189,000 | |
| Listed by Real Broker, LLC | |||
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Welcome to 7844 Ford St! Excellent opportunity for investors or buyers who wish to put the finishing touches on their home. This corner lot property offers a versatile 3-bedroom, 2.5-bathroom floorplan, with the primary bedroom conveniently located on the first floor. The home includes wood-look tile flooring and engineered wood flooring throughout. Enjoy the outdoors from the covered wrap-around front porch or the spacious covered back patio, perfect for entertaining. The fenced backyard adds privacy and security. With the potential to easily convert into a 4-bedroom home, this property presents an excellent investment opportunity. Contact us today for a private tour!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017