138 GLOUCESTER DRIVE
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 27, 2026 | Sold | ||
| Sold | |||
| Mar 2, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Listed by Re/Max Roots | $520,000 | |
| Listed by Re/Max Roots | |||
| Aug 26, 2018 | No longer available | - | |
| No longer available | |||
| Jun 14, 2018 | Listed | $328,900 | |
| Listed | |||
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Home has lots of new amenities! New H/W and wall to wall carpeting throughout. New interior paint. insulation updated around the duct work. heat pump and roof were replaced in 2010. A condensate pump in the crawl space. Water treatment system has an ultraviolet light installed. New hardwood flooring in the hallway. All of this sits on 2.3 acres just off of Apple Pie Ridge.
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About Frederick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017