16 Gail 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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by RE/MAX Prof Associates | $379,000 | |
| Listed by RE/MAX Prof Associates | |||
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Spacious multi-level home located on a quiet cul de sac in Westfield! Property boasts many wonderful features, including an expanded heated sunroom with skylights on level one that offers direct access to the in-ground swimming pool, tennis court and fenced private yard. Lower level provides three good-sized bedrooms, a family room with fireplace and half bath. Primary level offers open concept kitchen/dining room as well as a living room with a fireplace together with the main bedroom and a full bath. Plenty of closets and storage space along with a two-car attached garage. Easy access to town center amenities. Close to Paper Mill Elementary School, Stanley Park and Westfield State University. Convenient to all major highways. Many possibilities to make this your home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017