10531 Castlegate 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 |
|---|---|---|---|
| Jun 24, 2021 | Sold | ||
| Sold | |||
| May 14, 2021 | Listed by Russell Trenary, Realtors | $1,049,000 | |
| Listed by Russell Trenary, Realtors | |||
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Offer deadline Sunday, 5-16 at 6PM. Incredible opportunity in Sparkman Club! This Green Built home sits on the quiet corner of Ainsworth & Castlegate & has one of Sparkman's most majestic live oak tree in the front yard. Some of the updates & features include: wrap around front porch; plantation shutters; hardwood floors; updated kitchen w quartz countertops; remodeled master bath w free standing tub, separate frameless glass shower, dual vanities & WIC; family room w marble FP & views to lg covered porch; study with built-in bookcases; designer carpet '21; 3 additional bedrooms up; huge gameroom; front & back staircases; BONUS 25 x 15 walk-in attic over 3 car garage perfect for expansion.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017