7850 Element Avenue
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 |
|---|---|---|---|
| May 9, 2023 | Sold | ||
| Sold | |||
| Apr 7, 2023 | Listed by Keller Williams Realty | $999,900 | |
| Listed by Keller Williams Realty | |||
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Enjoy urban living in this luxury community just seconds from dining, shopping & major entertainment venues. This 3-story home, has energy-efficient features & sleek modern finishes. On the lst floor you'll find two Bedrms, each with ensuite Full Baths & ample WI closets. There is an Office or Craft Nook with custom upper & lower cabinets. The 2nd flr offers a spacious open floor plan with a Living & Dining Rms, Kitchen, & covered Patio. The masterfully planned Kitchen is designed with SS appliances, including a refrig, 6-burner gas range, convection ovens & dishwasher.The patio has electric solar shades with remote, and BI gas grill. The Primary Suite, located on the 2nd level, offers an ensuite Bathrm with dual, floating vanities & extra large WI shower. The Game Rm on 3rd fl opens up to a patio. A 4th Bedrm & Full Bath are located on this level. This exclusive home is situated minutes from the homes of corporate giants and convenient access to Hwy 121 and the North Dallas Tollway.
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| Jun 27, 2019 | Sold | ||
| Sold | |||
| Jan 3, 2018 | Listed by Perry Homes Realty LLC | $749,900 | |
| Listed by Perry Homes Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017