1607 Gardenia Drive
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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 |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | In contract | - | |
| In contract | |||
| Dec 31, 2023 | No longer available | - | |
| No longer available | |||
| Dec 30, 2023 | Listed by Lacey Cannon Properties | $795,000 | |
| Listed by Lacey Cannon Properties | |||
| Jun 20, 2023 | Listed by Lacey Cannon Properties | $825,000 | |
| Listed by Lacey Cannon Properties | |||
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A true Gem of a find! Spectacular, Oak Forest home featuring extensive upgrades with open layout & bonus two bedrooms down! Embracing the original charm of the era, this home combines classic elegance and functionality with double paned windows, updated wiring and plumbing in addition to high end updates throughout. A charming porch leads you into a wonderful flex space that can function as a bonus living, play area, study or combo of all. Rich hardwoods and modern tile carries you through the living spaces for ease of care. The timeless black and white island kitchen boasts honed granite countertops, marble backsplash with pot filler and ample storage with custom cabinetry. The bright den is open to the kitchen and dining with marble gas log fireplace, flanked by custom built ins. The primary down is oversized with spa like marble en suite with tub and frameless shower. Secondary bed down and two additional up that are expansive. Lovely backyard has mature fig tree and driveway gate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017