1602 Gardenia Street
About This Property
This listing positions the price reduction as a fresh start, inviting buyers to envision the possibilities that come with the property!
"Seller Says 'Sell!'
Better than new PERRY built home. Mahogany front door. Light and bright paint throughout. Grand two-story entry. First floor Office and guest bedroom!! Spacious two-story family room opens to the island kitchen and breakfast area. Large pantry + Butler's pantry provide plenty of space for kitchen storage. features a power bath and mud bench area. Downstairs master suite with double vanity, garden tub and separate glass-enclosed shower. Upstairs hosts a game room and an adjoining media room. Extended covered backyard patio. Beautiful backyard!! three-car garage and more!
You need to see it in person!
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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 |
|---|---|---|---|
| Jan 6, 2025 | Sold | ||
| Sold | |||
| Dec 7, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Price Decreased |
$735,000
↓ $15K
(2%) | |
| Price Decreased | |||
| Sep 4, 2024 | Price Decreased |
$750,000
↓ $29K
(3.7%) | |
| Price Decreased | |||
| Aug 2, 2024 | Listed by DHS Realty | $779,000 | |
| Listed by DHS Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017