1225 Gerald Ave
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 |
|---|---|---|---|
| Jul 7, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Price Decreased |
$615,000
↓ $75K
(10.9%) | |
| Price Decreased | |||
| Apr 30, 2025 | Listed by Compass | $690,000 | |
| Listed by Compass | |||
| | |||
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Welcome to 1225 Gerald Avenue—a charming place to call home, where you can escape the hustle of everyday life, plant roots, and create lasting memories. This inviting 2-bedroom, 1-bath home is move-in ready, featuring great curb appeal and a warm, welcoming feel. Step into the beautifully landscaped backyard—a peaceful outdoor retreat perfect for relaxing, entertaining, or gathering around the fire pit. The golden hour views from the back patio add a truly special touch to the calming ambiance. Sustainability meets convenience with owned solar panels and a SPAN smart panel and EV charging system, offering energy efficiency and modern-day functionality for eco-conscious living. Ideally located just blocks from Alvarado Park, at the northern edge of Wildcat Canyon Regional Park, you’ll enjoy a rare blend of serenity and access to incredible outdoor adventures. Recent updates include dual-pane windows, fresh interior and exterior paint, and a stylish kitchen with granite countertops. With easy access to transportation and nearby amenities, this home is ready for its next chapter—and it could be yours. Don’t miss the chance to make it your own.
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| May 25, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017