179 Gorham Road
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 |
|---|---|---|---|
| May 26, 2022 | No longer available | - | |
| No longer available | |||
| May 25, 2022 | Sold | ||
| Sold | |||
| Feb 15, 2022 | In contract | - | |
| In contract | |||
| Feb 9, 2022 | Listed by Peterson Realty Inc. | $1,195,000 | |
| Listed by Peterson Realty Inc. | |||
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Beautifully renovated 5 bedroom home in a highly desirable neighborhood in Harwich Port. With over a half acre of land steps from Saquatucket Harbor, one can enjoy the spacious yard and cool off in the newly installed splash pool. Walk to the Freedom Ferry and you'll be in Nantucket in an hour. Waterfront dining around the corner at Brax Landing or the Dockside Seafood Shack!. Renovations were completed in 2020 and include new roof, outside shower and deck area, pool, irrigation system, water heater, furnace, interior lighting, both baths, new spacious kitchen, refinished floors and new carpeting upstairs, and central A/C. Also has a detached 2 car garage. Outstanding reviews from all the tenants who occupied this property over the summer months. Read all about it! The manager has listed the unit size as 2332 square feet.
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| Nov 7, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017