17 Gilman Street
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 |
|---|---|---|---|
| Jun 28, 2013 | Sold | ||
| Sold | |||
| Apr 10, 2013 | Listed by Thalia Tringo & Associates Real Estate, Inc. | $649,000 | |
| Listed by Thalia Tringo & Associates Real Estate, Inc. | |||
| Apr 28, 2005 | Sold | ||
| Sold | |||
| Mar 2, 2005 | Listed | $493,000 | |
| Listed | |||
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ONE OF A KIND! This extraordinary single family features large rooms, high ceilings, and period detail. Property sits on one of Somerville's largest lots, with an irrigated yard, plentiful parking, and a detached building which houses an artist studio and one car garage. The artist studio, leased for $800/month, features central air and heat and a full bath. Don't miss this fantastic opportunity to live in this gorgeous sf with a spectacular yard while reaping the benefits of rental income!
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About East Somerville
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$4,321 /mo
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$3,555 /mo
- Studio
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017