1708 Gillette Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Feb 8, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2023 | Listed by Equity Real Estate | $850,000 | |
| Listed by Equity Real Estate | |||
| | |||
|
Drive by this phenomenal location NOW! The sky is the limit with this property. It includes the side-by-side lots (1708 Gillette 6250sq ft and 225 W. Gray at 1875 sq ft) THE LOTS ARE SOLD TOGETHER 8125 sq ft! They will not be sold separately. The open space and the phenomenal location are perfect for building townhomes, commercial property, new construction, and investors. A very desirable area within walking distance to restaurants, shopping, and Midtown. Schedule a showing now!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017