120 Gilbert 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 |
|---|---|---|---|
| Feb 26, 2025 | Delisted | - | |
| Delisted | |||
| Jan 13, 2025 | In contract | - | |
| In contract | |||
| Nov 9, 2024 | Price Decreased |
$535,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Oct 2, 2024 | Listed by Home Shop Properties, Inc. | $549,900 | |
| Listed by Home Shop Properties, Inc. | |||
| | |||
|
Can't beat this location! This property has been cared and maintained for wonderfully by its present owners. The kitchen and family room are full of natural sunlight and provide a great space to eat and unwind. Fenced in yard perfect for entertaining, off street parking, detached garage and previously remodeled kitchen all in one commuter's dream location. This property is conveniently located close to many area amenities, yet feels private and quiet.
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| May 17, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017