126 Gateway Park Place
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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 |
|---|---|---|---|
| Sep 13, 2023 | Sold | ||
| Sold | |||
| Jul 19, 2023 | Listed by Martha Turner Sotheby's International Realty | $850,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Contemporary urban living at its finest with an elevator! This stunning tri-level Pelican home is nestled in one of the most desirable gated communities of East Shore with its own private pool dedicated to East Gate Residents. Abundant natural light pours in through plantation shutter-clad windows. An on-trend color palette, wood floors, high-end finishes and Silestone countertops make this home move-in ready. Generously sized bedrooms all with their own private en-suite bath. This coveted location is located close to Market Street, Cynthia Woods Mitchell Pavillion, Hughes Landing, Lake Woodlands and The Waterway. East Shore also offers a central clubhouse, fitness center, pool, lake access and many amenities and walking trails.
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| Jul 30, 2021 | Sold | ||
| Sold | |||
| Jun 16, 2021 | Listed by Home Experts of Kay Team Rlty | $705,000 | |
| Listed by Home Experts of Kay Team Rlty | |||
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Exceptional 3 story Pelican Builders home in the gated community of East Gate in East Shore. Enjoy luxury living walking distance from Lake Woodlands, The Waterway, and Market Street. First floor guest bedroom with a full bathroom. Second floor living with built ins, gas log fireplace, wall mounted TV, and wine grotto. Expansive kitchen overlooks the dining room and features a large island, stainless Bosch appliances, Silestone countertops, designer backsplash, and breakfast area. Oversized primary retreat on the 3rd floor with his/ her walk in closets along with an additional 3rd floor bedroom with its own full bath. Fresh designer paint throughout, gleaming hardwood floors, plush carpet in the bedroom areas, two staircases, and an elevator. Balcony off of living area and first floor back patio provide plenty of low maintenance outdoor space. Refrigerator, washer, and dryer convey with sale of the home. Neighborhood amenities include pool, exercise room, clubhouse, and barbecue area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017