11850 Gabbro Drive
About This Property
The primary bedroom provides a relaxing retreat with ensuite bath, while the secondary bedrooms offer flexibility for guests, a home office, or hobbies. Outside, the low-maintenance yard is ideal for those who want outdoor enjoyment without the upkeep...perfect for busy lifestyles or anyone seeking simplicity and convenience.
Located in a growing community and continued development, this home presents an exceptional value opportunity for buyers who want the benefits of newer construction without the wait or premium pricing. Move-in ready and attractively priced, this is a fantastic chance to secure your home!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 17, 2026 | Sold | ||
| Sold | |||
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Feb 9, 2026 | Listed by Keller Williams Realty-FM | $249,000 | |
| Listed by Keller Williams Realty-FM | |||
| Feb 24, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2024 | Listed by Turner Mangum LLC | $269,999 | |
| Listed by Turner Mangum LLC | |||
| | |||
|
LENNAR - Cottage Collection at Shale Creek - Red Oak II - This single-story home is perfect for families with young children. It has three bedrooms at the back of the home, including the owner’s suite with a private bathroom and walk-in closet. The front door leads into the open living area, which has a family room, dining area and kitchen. This is complete FEBRUARY 2024!
Prices and features may vary and are subject to change. Photos are for illustrative purposes only.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017