1591 Gamay Cir
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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%.
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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.
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 |
|---|---|---|---|
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Help-u-Sell Allied Realty | $650,000 | |
| Listed by Help-u-Sell Allied Realty | |||
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This charming single-story home on a corner lot is a perfect blend of modern updates and classic appeal. The 3 bedroom, 2 bathroom gem boasts a bright, open kitchen and family room combo, ideal for entertaining. The completely rebuilt kitchen features new stainless steel appliances, sleek marble counters, and ample cabinetry. Vaulted ceilings and a brick fireplace enhance the family room's inviting atmosphere. The separate formal living room provides additional space for relaxation or gatherings. The home has undergone extensive renovations, including smoothing the ceilings, removing popcorn texture, and installing durable, stylish rubberized waterproof flooring throughout. Other notable upgrades include crown molding, new baseboards, ceiling fans in every room, and a marble tile entryway. The laundry room has been thoughtfully relocated indoors from the garage for convenience. Both bathrooms have been tastefully remodeled, and mirrored closet doors grace the master bedroom. The garage even boasts a unique roll-out storage system. Modern amenities include a less than 2-year-old water heater, a new central HVAC system, and professionally installed window coverings. Backyard features lush landscaping with beautiful lawns and many fruitful trees. Don't miss this opportunity !
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017