13016 GERSHWIN WAY
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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%.
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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.
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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 25, 2026 | In contract | - | |
| In contract | |||
| Sep 18, 2026 | Price Decreased |
$650,000
↓ $29K
(4.3%) | |
| Price Decreased | |||
| Sep 8, 2026 | Listed by Keller Williams Capital Properties | $679,000 | |
| Listed by Keller Williams Capital Properties | |||
| Aug 19, 2026 | Price Decreased |
$679,000
↓ $16K
(2.3%) | |
| Price Decreased | |||
| Jul 7, 2026 | Listed by Keller Williams Capital Properties | $695,000 | |
| Listed by Keller Williams Capital Properties | |||
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Price Improved! Stunning and extensively updated 4-bedroom, 3.5-bath home offering over 2,700 finished square feet in the highly sought-after Tanglewood neighborhood. Combining the feel of new construction with the space and charm of an established community, this move-in-ready home is sure to impress. From the moment you arrive, you'll appreciate the elegant custom stonework that enhances the front exterior and continues into the backyard, where a spectacular oversized stone patio creates the perfect setting for entertaining, outdoor dining, or simply relaxing in your private backyard retreat. The beautifully renovated gourmet kitchen features new cabinetry, quartz countertops, designer backsplash, stainless steel appliances, and elegant tile flooring. The main level also offers a spacious family room with a stylish tiled fireplace, formal living and dining rooms, and refinished hardwood flooring throughout. New sliding door from the family room lead directly to the fully fenced backyard. Upstairs you'll find four generously sized bedrooms, including a luxurious owner's suite with a large walk-in closet and beautifully updated spa-inspired bath. The finished lower level offers exceptional flexibility with a potential fifth bedroom, guest suite, or home office, an updated full bath, a large recreation area, and walk-up access to the backyard. Additional updates include a new AC (2025), new water heater (2025), new backyard fencing, replaced garage doors, and newer carpeting. The oversized two-car garage provides ample storage space. Ideally located near Routes 29 and 200 with convenient access to shopping, dining, parks, and major commuter routes, this home offers an exceptional combination of style, comfort, and convenience in one of the area's most desirable neighborhoods. Note: Some of the pictures depict virtual staging and those pictures may not accurately reflect the actual space.
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About Calverton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017