1751 GUMTREE Drive
About This Property
Also includes seller owned security system.
Great neighborhood close to schools, NAS, and shopping. No HOA fees!
House in need of TLC and being sold ''as is''. House being sold well below recent appraisal of $199,000. Do the work yourself and save! Seller's price is firm.
Buyer to verify all measurements.
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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 |
|---|---|---|---|
| Jan 4, 2019 | Sold | ||
| Sold | |||
| Oct 29, 2018 | Listed by XCELLENCE REALTY INC | $180,000 | |
| Listed by XCELLENCE REALTY INC | |||
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About Bellair-Meadowbrook Terrace
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017