9 7th Avenue
About This Property
Numerous additional improvements provide peace of mind, including a newly installed oil tank, yearly boiler service, additional plumbing work, and a chimney that has been freshly waterproofed and maintained. The front porch railing has also been replaced.
The lower level offers exciting potential for additional usable space. Create a home gym, recreation room, entertainment area, hobby space, or workshop. The basement also offers space for a potential half bath, adding even more functionality.
Outside, the property continues to impress with a large, fully fenced yard, established flower beds, and a beautiful stone patio area. The back porch includes a heater, making it a comfortable place to relax or entertain well beyond the summer months. The spacious driveway has recently been resealed.
The one-car garage features a new garage door and offers excellent space for parking, storage, hobbies, or projects.
Enjoy small-town convenience and four-season recreation! Local restaurants and grocery shopping are less than a mile away, while the Lake Champlain boat launch is about 10 minutes from home. A Lake George launch at Huletts Landing is roughly 20 minutes away, and Vermont skiing and Saratoga Springs are each about an hour's drive. Days on the water, winter outings, and city amenities are within easy reach.
With extensive recent updates, a spacious fenced yard, a versatile basement, a garage, and move-in-ready condition, this property is a gem!
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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 |
|---|---|---|---|
| Oct 28, 2026 | Price Decreased |
$234,000
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Oct 12, 2026 | Price Decreased |
$239,000
↓ $10K
(4%) | |
| Price Decreased | |||
| Sep 28, 2026 | Listed by Brannock Properties LLC | $249,000 | |
| Listed by Brannock Properties LLC | |||
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 19, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017