16 Gellatly 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 |
|---|---|---|---|
| May 26, 2022 | Sold | ||
| Sold | |||
| Mar 19, 2022 | Listed by Houlihan Lawrence Inc. | $520,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Fantastic opportunity to live in a cul-de-sac neighborhood in the Arlington school district. Charming saltbox colonial featuring updated kitchen and baths (including master and jack & jill bath), gas fireplace, screen porch for indoor/outdoor living, finished attic space perfect for home office or playroom, hardwood floors, newer windows and doors, Trex decking, level yard and fire pit for summer nights. Nothing to do but move right in and enjoy!!
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| Aug 9, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017