11 Gerry Road
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 |
|---|---|---|---|
| Oct 7, 2021 | Sold | ||
| Sold | |||
| Jul 22, 2021 | In contract | - | |
| In contract | |||
| Jun 18, 2021 | Listed by Exit Realty Connections | $369,000 | |
| Listed by Exit Realty Connections | |||
| Oct 5, 2018 | Sold | ||
| Sold | |||
| Aug 2, 2018 | Listed by BHG Rand Realty | $289,000 | |
| Listed by BHG Rand Realty | |||
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Located in a wonderful neighborhood, this spacious raised ranch sits on park-like property with a rear yard that is absolutely beautiful. With four bedrooms, two baths, City water and sewer, the 1,812 square foot home resides in a quiet neighborhood, close to Route 9 where there is abundant shopping, restaurants, medical facilities, recreational activities and houses of worship. A formal DR opens into the living room as well as a double door opening onto the spacious exterior deck over-looking the yard. 3 bedrooms share a full bathroom with whirlpool tub on the main living level. The LR offers a sun-filled bow window which would be an envious location for any plant or sleepy pet! The 4th bedroom, located off the family room, is currently being used as an office. A 3-season room with access to the back yard sits off the family room. The laundry area shares the utility room on the over-sized 2-car garage level of the home. A great home in a great location! Additional Information: ParkingFeatures:2 Car Attached,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017