109 N Gregory Street
About This Property
A standout feature is the primary bedroom located on the main floor, providing added privacy and everyday convenience. The kitchen features granite countertops, while energy-efficient LED lighting throughout creates a bright, modern atmosphere while helping reduce energy consumption.
Four-bedroom homes can be hard to find in this price range, making this property an excellent opportunity for buyers who need additional space without stretching the budget. The additional bedrooms offer tremendous flexibility for family, guests, home offices, hobby rooms, or even potential rental opportunities for buyers looking to offset housing expenses, subject to applicable regulations.
Located just minutes from Downtown Lancaster, shopping, dining, schools, and everyday conveniences are close at hand. With brand-new construction, a main-level primary suite, granite countertops, energy-efficient features, four bedrooms, and a price positioned to sell, this is a home that deserves to be seen sooner rather than later.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Price Decreased |
$233,500
↓ $16K
(6.6%) | |
| Price Decreased | |||
| Sep 12, 2026 | Price Decreased |
$249,900
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Aug 20, 2026 | Listed by Rinehart Realty Corporation | $259,900 | |
| Listed by Rinehart Realty Corporation | |||
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017