116 Gagnon St
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 |
|---|---|---|---|
| Jun 10, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | Listed by HomeSmart Professionals Real Estate | $489,000 | |
| Listed by HomeSmart Professionals Real Estate | |||
| | |||
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As you approach this beautiful home, you'll immediately notice the impressive granite retaining walls that outline the front yard and driveway. This quality built 3-bedroom, 2 bath colonial checks all the right boxes and is within walking distance to Lafayette Park. This home is perfect for entertaining with its open floor plan, spacious rooms and central A/C. As portrayed in the pictures, this home features an over-sized living room, which is open to the updated kitchen and dining area. Home also features an Integral garage, which is 12x29', which is deep enough to fit 2 small cars or one car and lots of storage. Moving outside, the yard features beautiful landscaping and off-street parking for 2 vehicles. Note that Gagnon St. is a one-way road, which helps to reduce vehicle traffic. Washer/dryer included.
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| Oct 5, 2017 | Sold | ||
| Sold | |||
| Aug 8, 2017 | Listed by HomeSmart Professionals Real Estate | $239,900 | |
| Listed by HomeSmart Professionals Real Estate | |||
| Jan 11, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017