16 Gary Road
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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 21, 2024 | Listed by Real Estate Exchange | $220,000 | |
| Listed by Real Estate Exchange | |||
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Discover the perfect blend of comfort and convenience in this adorable two-bedroom ranch. Nestled in a serene neighborhood, this home boasts a well-sized, manicured yard with an irrigation system and a detached one-car garage. Step inside to find a sunny living room with hardwood flooring that extends through most of the home. The kitchen is highlighted with solid oak cabinets and a cozy dining area, perfect for home-cooked meals. Enjoy the privacy on your back deck for relaxing evenings outdoors. This home can offer a quick closing and immediate occupancy, this home is ready for you to move in and start making memories!
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| Feb 28, 1985 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017