2 Gerald Drive
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 |
|---|---|---|---|
| Jul 19, 2023 | Sold | ||
| Sold | |||
| Jun 19, 2023 | In contract | - | |
| In contract | |||
| May 13, 2023 | Listed by Realty One Group, LLC | $199,900 | |
| Listed by Realty One Group, LLC | |||
| Sep 15, 2005 | Sold | ||
| Sold | |||
| May 31, 2005 | Listed | $130,000 | |
| Listed | |||
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Owner said:replacement windows, vynl siding, sheet metal roof done around 1998. "Plumbing inside, not underneath". Several "bump-outs" makes for bright spacious rooms.Bow window in mstr Bdrm. Large enclosed sunporch.Central A/C. Handicap shower has built-in seat. Dining area is practically seperate room. This is on the best Lot in the Park,( next to woods) has carport & 2 large sheds. One bedrm has adjacent half bath. Excellent Buy!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017