1062 Gardenia Drive
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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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 25, 2024 | Listed by Keller Williams Realty Metropolitan | $575,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Adorable cottage on a beautiful tree lined street in Garden Oaks! The front porch welcomes you into this charming 3 bedroom 2 bath home. The living room has hardwood floors and is filled with natural light through the ceiling to floor windows. Kitchen has stainless appliances, gas range, great counter space, a breakfast bar, and dining area with bench seating. Primary suite has an en-suite bath with double sinks and tub-shower combo. The hall bath is shared by the secondary bedrooms and has a walk-in shower and metal pedestal sink. A wonderful opportunity to live in a one-story traditional home on a desirable block with recent construction.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017