7845 Carl
About This Property
While the property lies within the 100-year floodplain, only a small portion at the rear of the property experienced water during Hurricane Harvey, and the majority of the land remained unaffected. The property is believed to be unrestricted-buyer to verify. Several businesses are located along the street, adding to its versatility and appeal. A rare opportunity for those seeking space, privacy, and flexibility in a convenient location.
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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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Mar 23, 2026 | In contract | - | |
| In contract | |||
| Mar 21, 2026 | Relisted | $225,000 | |
| Relisted | |||
| Mar 16, 2026 | In contract | - | |
| In contract | |||
| Jan 30, 2026 | Listed by RE/MAX Partners | $275,000 | |
| Listed by RE/MAX Partners | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017