10154 Gem Tree Way
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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | Listed by Beach City Brokers, Inc. | $999,900 | |
| Listed by Beach City Brokers, Inc. | |||
| Sep 18, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Cabrillo Mortgage & Realty Service | $775,000 | |
| Listed by Cabrillo Mortgage & Realty Service | |||
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Welcome to your next project! This home is a fixer upper in a sought-after area of larger homes in North Santee This home provides tremendous opportunity to make this your dream home in this perfect positioned generous floor plan property. Enter and let your creative renovation ideas lead on the blank canvas awaits inside. The vast living spaces allow for a world of imaginative updates and abundance of natural light. Four full bedrooms, all nicely scaled and have lots of closet space This perfect blank slate where you can refine to refresh décor. The home boasts a master suite complete with en-suite bath, as well and full/half baths for family/guests. Finally, enjoy a backyard that is clearly an oasis in itself. The pool and hot tub will let you unwind or celebrate 32 Solar panels that are free and clear. That leaves you all to design your dream poolside getaway. Located in a highly desired community near shops, town parks & schools. Do not pass by this opportunity to make a magnificent home out of this piece of property. Bring your vision and make this house a home! NO REPAIRS to be made
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017