140 Gillis Drive
About This Property
On the opposite side of the home, three additional bedrooms provide ample space for family and guests, including one bedroom with its own private ensuite bathroom and walk-in shower. A third full bathroom conveniently located in the hallway helps accommodate busy mornings and visiting guests with ease.
Major updates have already been taken care of, including a gas water heater installed in 2024 and a new HVAC system in 2025. The metal roof is believed to have been installed in 2015, providing long-term durability and peace of mind. Seller will replace roof with new architectural shingles prior to closing with acceptable offer. Solar panels will be removed.
Combining generous living space, an ideal layout, and valuable upgrades, this property offers a wonderful opportunity to enjoy comfortable living both inside and out.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 17, 2026 | Sold | ||
| Sold | |||
| Aug 20, 2026 | In contract | - | |
| In contract | |||
| Aug 8, 2026 | Price Increased |
$325,000
↑ $6K
(1.9%) | |
| Price Increased | |||
| Aug 8, 2026 | Relisted | $319,000 | |
| Relisted | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017