7987 Joy Street
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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 |
|---|---|---|---|
| Mar 17, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | In contract | - | |
| In contract | |||
| Feb 4, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Dec 4, 2024 | Listed by RE/MAX Universal | $259,000 | |
| Listed by RE/MAX Universal | |||
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MOVE-IN READY!! New home by Tanava Homes. Now is the time to buy in this up-and-coming neighborhood just a few minutes outside the loop. Your new 3 bed/2.5bath brick home has a 2-car garage, where you can enter into a spacious kitchen, dining, and living room that flow together in an open space designed with gatherings in mind. Your stunning kitchen features quartz countertops, stainless steel appliances, plenty of upgraded cabinetry, and a center island. Take the party outside while dogs run around in the fenced-in backyard. After the party, retreat upstairs to your huge primary suite. The spa-like bathroom has a beautiful custom dual-sink vanity, quartz countertop, and elegant fixtures. You get all the charm of a classic home--bricks, high ceilings, natural light, wood-style floors--without any of the old house problems. You truly will not find a better value in this part of town! This new construction home at this price point won't last. Book a tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017