2 Gale Rd
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 |
|---|---|---|---|
| Apr 2, 2014 | Sold | ||
| Sold | |||
| Mar 26, 2012 | Sold | ||
| Sold | |||
| Jan 31, 2012 | Listed by Home Port Realty Associates, LLC | $170,000 | |
| Listed by Home Port Realty Associates, LLC | |||
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Three bedroom Colonial located in the inner city, with living room, den/office and 1.5 baths. Hardwood floors in the lr, den and bedrooms. Enclosed porch 12'x20' with cathedral ceiling and a deck in the rear for your seasonal enjoyment. Close to the MBTA train station, restaurants, library, shops and city amenities. Near the Gloucester Crossing shopping center. A corner lot on a dead end street. Walkout basement to the backyard. Needs some repairs, cosmetic and updating, worth the effort.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017