1275 GORHAM Street
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 |
|---|---|---|---|
| Mar 10, 2021 | Sold | ||
| Sold | |||
| Oct 19, 2020 | Listed by COLDWELL BANKER VANGUARD REALTY | $415,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Mar 22, 2016 | Sold | ||
| Sold | |||
| Jan 18, 2016 | Listed by COLDWELL BANKER VANGUARD REALTY | $319,900 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Mar 17, 2014 | Listed by LISA DUKE REALTY LLC | $339,900 | |
| Listed by LISA DUKE REALTY LLC | |||
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4BR/3BA energy efficient block home with brick accents, under beautiful stucco! Just over an acre with breezeway connecting the home to the side entry 3 car garage, this home includes a salt filtered in-ground pool, gym set, and pole barn for the RV/boat. Adjoins a locked canal for fishing and kayaking from your own back yard. This custom built home includes separate dining room, 16’ ceilings in the great room with double crown molding, coffee colored acid washed floors, gorgeous wood cabinets and antique island with warming drawer and bar ice maker, 3-way split bedroom arrangement with the second bedroom/nursery/office just outside the master suite. The pantry area connects to the mud room, to the breezeway. Ask for the full list of features and about the free golf cart! Over the top features include: Double crown molding * Beautiful coffee colored, acid-stained, concrete floors in the dining, kitchen, pantry, and inside laundry * Great room with 16' ceilings.
Some of the technical details from the seller: 40 year architectural shingles, with 30 lb felt * solid concrete walls * 24" footers, instead of 16" * 6" thick floor, instead of 4" * Home is built 5 blocks high to get the footer on virgin soil * inside walls furred with 2x4's, skinned with Mylar vapor barrier * home wired with #12 wire * 20amp individual circuits - no daisy chain * home is pre-wired for 400 amp service * solid color stucco, never needs paint * 11' ceilings with 10' doors in garage * 3" well with 30 year submersible pump * LP tank buried at street * extra ceiling insulation * separate water heater for master suite * 1" pipes and high flow fill for Jacuzzi
In 10 years, this listing agent has never used the phrase, "must see to appreciate" but this home really must be experienced in person.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017