1042 Gazing Pine Street
About This Property
The primary suite is a true retreat, featuring an oversized bedroom with vaulted ceilings and stunning wood beams, along with a spa-inspired bathroom complete with a double-sink vanity, relaxing soaking tub, walk-in shower, and elegant finishes. The secondary bathroom also showcases modern, upscale finishes. Step outside to enjoy the oversized covered back patio with wood-accented ceilings and LED lighting. Situated on a generous 14,000 sq. ft. lot, this property also offers a long driveway with ample parking, no HOA, a low tax rate, and is not located in a flood zone.
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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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Mar 29, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 27, 2026 | Listed by The Larios Home Group | $320,000 | |
| Listed by The Larios Home Group | |||
| Jun 19, 2025 | Listed by American Business PM LLC | $85,000 | |
| Listed by American Business PM LLC | |||
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Build your dream home on this expansive 13,999 Sq ft lot. Lot has been cleared and ready to build.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017