1091 Gamble Street
About This Property
Great investment opportunity in Moore Haven! This 3-bedroom, 1-bath single-family home sits on a desirable corner lot and offers excellent potential for an investor, handyman, or buyer looking for a renovation project.
The property is in need of repairs and updating, making it a great opportunity to renovate and add value. With the right improvements, this property has potential as a fix-and-flip, rental investment, or affordable primary residence.
The corner lot provides additional frontage and makes the location particularly attractive.
Property is being sold AS-IS.
Bring your vision and transform this property into your next investment!
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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.
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Address: 335 Madison Avenue, New York, NY 10017