807 7th 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 |
|---|---|---|---|
| Sep 28, 2022 | Sold | ||
| Sold | |||
| Sep 12, 2022 | Listed by Joe Tramonte Realty, Inc. | $199,500 | |
| Listed by Joe Tramonte Realty, Inc. | |||
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LOCATION, LOCATION, LOCATION. STEPS AWAY FROM UTMB, SEAWALL, AND STEWART BEACH. CLOSE TO RESTAURANTS ON SEAWALL BLVD. HIGH-RAISED 970 SF UPPER LEVEL. SPACIOUS BEDROOMS UPSTAIRS. PERFECT FOR STUDENTS OR SMALL GROUP. LARGE GARAGE UNDERNEATH. PLENTY OF ROOM FOR YOUR CAR PLUS YOUR GOLF CART. BONUS APARTMENT ON GROUND LEVEL CONTAINING 690 SF. UNFINISHED, WAITING FOR YOUR COMPLETION OF IMPROVEMENTS WITH OUTSIDE ENTRY ON SIDE OF HOUSE. SMALL FENCED YARD ON SIDE OF HOME.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017