188 Gilbert Ave
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 |
|---|---|---|---|
| Oct 29, 2025 | Sold | ||
| Sold | |||
| Sep 12, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Listed by Gallagher Real Estate | $299,000 | |
| Listed by Gallagher Real Estate | |||
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Single-family residence presents an inviting home, ready for its next chapter. The property, located in a desirable area, offers a blend of comfort and convenience. The heart of the home is undoubtedly the kitchen, featuring stone countertops that provide an elegant and durable workspace for culinary creations, while the backsplash adds a touch of sophistication and ease of maintenance, and the wall chimney range hood makes a statement. The outdoor living space, complete with a patio and fenced backyard, extends the living area beyond the walls of the home, perfect for entertaining or quiet relaxation; imagine enjoying al fresco meals in the dedicated outdoor dining area, creating lasting memories with every gathering. The basement features a bar, adding a touch of entertainment and relaxation to this inviting home. This 828 square foot residence with extra bedroom in basement with 1/2 bath ready for full bathroom.
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| Jan 27, 2022 | Sold | ||
| Sold | |||
| Sep 21, 2021 | Listed by Gallagher Real Estate | $189,900 | |
| Listed by Gallagher Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017