11 Gateway 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 |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | In contract | - | |
| In contract | |||
| Feb 26, 2025 | In contract | - | |
| In contract | |||
| Feb 13, 2025 | Listed by Lin Pan Realty Group LLC | $2,480,000 | |
| Listed by Lin Pan Realty Group LLC | |||
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This exceptional Colonial home, located directly in the prestigious Village of Great Neck Estates, offers 6 bedrooms, 5 full baths, and 1 half bath, with approximately 4,500 sq. ft. of living space. Directly walking distance to the Long Island Railroad, this home provides easy access to local shops, restaurants, banks, and more. Featuring a Tesla charging station and optional school zoning for South and North Middle/High School, this property combines luxury and convenience in one of Long Island's most desirable neighborhoods.
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| Oct 5, 2020 | Sold | ||
| Sold | |||
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About Great Neck
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017