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Map
12418 Gain Street
About This Property
No conventional financing is available for this property at this time.
This offering includes a large corner lot with multiple potential uses. The main house at 12418 Gain is an estimated 1,950 sq ft, featuring 2 bedrooms and 2.5 bathrooms. One bedroom includes an en-suite bathroom, and there is an additional full hallway bathroom with a shower and soaking tub. The layout includes a large living room with a fireplace, a formal dining area, a separate family room, a galley-style kitchen with space for a small eating area, and an indoor laundry room. An attached two-car garage serves the main house.
Behind the home is a recreation room measuring approximately 858 sq ft (22' x 39').
The Gain lot is estimated at 8,875 sq ft. The adjacent lot at 11095 Borden, approximately 9,159 sq ft, currently contains a condemned multi-unit structure and a separate functional two-car garage.
Buyer to verify all information, including plumbing, heating, air conditioning, roof condition, bedroom and bathroom count, square footage, and overall condition of the property.
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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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| Dec 21, 2025 | In contract | - | |
| In contract | |||
| Nov 26, 2025 | Listed by Pinnacle Estate Properties | $990,000 | |
| Listed by Pinnacle Estate Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017