123 Gemstone
About This Property
Step inside to find a welcoming first-floor featuring beautiful hardwood flooring, setting a warm tone throughout the main living areas. The entire house has been freshly painted, adding a bright and airy feel to every room. The second floor is adorned with high-quality carpeting, ensuring a cozy atmosphere in the private quarters.
Just a short walk away is the nationally recognized Blue Ribbon Stonegate Elementary School, making this location perfect for families with school-age children. Additionally, the community offers a wealth of amenities including a park, a swimming pool, tennis courts, a kids' playground, and a basketball court, all contributing to a vibrant and active lifestyle.
The superb location of this home allows for plenty of natural light and is also conveniently close to Northwood High School, Jeffrey Trail, and Woodbury Town Center, offering excellent shopping, dining, and recreational options.
This home is not just a residence but a retreat from the hustle and bustle of daily life, all while keeping you connected to the best of what the city has to offer.
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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 |
|---|---|---|---|
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by Golden Orange Realty Inc. | $1,746,000 | |
| Listed by Golden Orange Realty Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/17/2024
| |
3 Bed
|
3 Bath
|
1777 ft²
|
$1,746,000
3 Bed
3 Bath
1777 ft²
|
$1,710,000
-2.06%
01/02/2025
|
Zujie Yan
Golden Orange Realty Inc.
|
|
06/19/2020
| |
3 Bed
|
3 Bath
|
1777 ft²
|
$918,000
3 Bed
3 Bath
1777 ft²
|
-
-
|
-
|
|
09/24/2018
| |
3 Bed
|
3 Bath
|
1777 ft²
|
-
3 Bed
3 Bath
1777 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017