116 Gilbert Dr
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 17, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | In contract | - | |
| In contract | |||
| Feb 12, 2024 | Listed by Keller Williams Realty | $689,900 | |
| Listed by Keller Williams Realty | |||
| | |||
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Well maintained 3 bed 2.5 bath raised ranch situated at the end of a cul-de-sac. The home features a spacious kitchen with a skylight and lots of natural light. The kitchen has a stone fireplace and French doors that lead to the freshly painted deck. The deck overlooks a meticulously landscaped yard with 25 giant arborvitae trees planted along the property line. The large main bedroom has an updated master bath. Finished lower level includes: updated laundry room, home office, half bath, storage room, bar area, and utility room. The utility room has a water filtration system installed in 2022 that filters all of the water used in the house. The lower level leads to a large two car garage. Easy to maintain with vinyl siding and new leaf filters installed over the gutters in 2023. Come see all the updates this home has to offer at the open house this Saturday & Sunday.
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| Jan 3, 2022 | Sold | ||
| Sold | |||
| Oct 7, 2021 | Listed by Keller Williams Realty | $574,900 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017