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1125 GAINEY DRIVE
About This Property
The home has been COMPLETELY RENOVATED from top to bottom, featuring modern finishes, updated flooring, refreshed bathrooms, and stylish kitchens designed for both functionality and comfort. Thoughtfully designed living spaces provide flexibility for a variety of living configurations, with multiple private areas that can function independently while still feeling connected.
Whether you're looking for a primary residence with room to grow, a setup for guests or in-laws, or a property with strong rental potential, this home delivers unmatched adaptability. Conveniently located near shopping, dining, schools, and major roadways, this move-in-ready property is a rare find in today's market.
Don't miss this unique opportunity-schedule your private showing today.
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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 28, 2026 | Sold | ||
| Sold | |||
| Aug 30, 2026 | In contract | - | |
| In contract | |||
| Mar 16, 2026 | Price Decreased |
$375,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Feb 16, 2026 | Price Decreased |
$385,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Jan 22, 2026 | Price Decreased |
$395,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017