34
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2 Gateway
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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 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 13, 2026 | Listed by Redfin Real Estate | $750,000 | |
| Listed by Redfin Real Estate | |||
| Aug 27, 2026 | Price Decreased |
$785,000
↓ $54K
(6.4%) | |
| Price Decreased | |||
| Jul 27, 2026 | Listed by Malvec Acquisitions LLC | $839,000 | |
| Listed by Malvec Acquisitions LLC | |||
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Welcome to this beautifully maintained Cape situated on a spacious fenced corner lot in the heart of Farmingdale. A three-bedroom, two bathroom, with a finished basement, perfect for a recreation room, home office, gym, or guest area. Step outside to your private backyard oasis featuring an in-ground pool, ideal for entertaining or relaxing all summer long. The fenced yard offers both privacy and plenty of room to enjoy outdoor living. Completing the property is a detached one-car garage and ample outdoor space. Conveniently located near shopping, restaurants, parks, schools, and major transportation, this move-in-ready home is a rare opportunity
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| Oct 16, 2008 | Sold | ||
| Sold | |||
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About South Farmingdale
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$5,000 /mo
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$4,265 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017