4
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1611 Gena Rd
About This Property
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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 |
|---|---|---|---|
| Jul 28, 2026 | Listed by Redbird Realty LLC | $500,000 | |
| Listed by Redbird Realty LLC | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Dec 18, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Aug 9, 2025 | Price Decreased |
$599,000
↓ $31K
(4.9%) | |
| Price Decreased | |||
| Apr 21, 2025 | Listed by Redbird Realty LLC | $630,000 | |
| Listed by Redbird Realty LLC | |||
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7.65 ACRES, ZONED R-6 - Single-family residential uses where adequate public facilities and services exist with capacity to serve development. Opportunity for developers or investment firms to consider, whether for immediate development or long-term investment with under a mile distance to U.S. Highway 90 and S. Callaghan Rd. Property located inside Loop 410, Hwy 151, and old Hwy 90. Calling all Developers to check out this property, it will be your next project's location!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017