1035 Gardenia Drive
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 |
|---|---|---|---|
| Nov 15, 2021 | Sold | ||
| Sold | |||
| Oct 5, 2021 | Listed by Martha Turner Sotheby's | $475,000 | |
| Listed by Martha Turner Sotheby's | |||
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Situated on a charming tree lined street in Garden Oaks Section V, 1035 Gardenia is full of tremendous opportunity. This lovingly maintained one owner home is ready to be customized to your taste or build your dream home on this gorgeous verdant lot (1958 Survey shows approximately 9255 sq.ft. vs. HCAD 10,044, please confirm with a new survey). The home boasts a 2021 AC, 2020 roof and exterior paint .This lovely home welcomes you with a charming great room, an oversized kitchen that flows into the breakfast room and family room with lots of light from the French doors leading to the side deck. Incredible rear den with fireplace is surrounded by windows and provides direct access to an extensive rear patio. Located minutes from exceptional dining, retail, and entertainment options the home also has amazing access to highways (easy access to downtown and the Galleria). Don't miss this opportunity to be part of this amazing neighborhood!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017