2 Gilmore 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 |
|---|---|---|---|
| Nov 1, 2022 | Sold | ||
| Sold | |||
| Sep 26, 2022 | In contract | - | |
| In contract | |||
| Sep 22, 2022 | Listed by Advisors Living - Andover | $639,000 | |
| Listed by Advisors Living - Andover | |||
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Looking for a great entry into the Reading community? This charming and well maintained 1930 Cape is located on a cul-de-sac, about 1/2 mile from the train station and
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| Aug 4, 2017 | Sold | ||
| Sold | |||
| Jun 15, 2017 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $489,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Located on a cul de sac in the desirable west side of Reading, this well-maintained and charming Cape Cod style home is set on a beautifully landscaped lot. This home offers a large fire placed living room and dining room combination, an eat in kitchen with granite counter tops and SS appliances, a nice foyer with a built in bookcase, two bedrooms and a new full bath. Additionally, there is a porch overlooking the side yard and a beautiful blue stone patio, a mudroom off the kitchen with access to the garage. The many improvements include: New Heating System and Water Heater 2017: Exterior painted 2017: Granite Cobble Stone lined over sized Driveway 2017: New Bath 2017: Vinyl Fence 2015 : Blue Stone Patio, Walkway and professional landscaping 2015 : Interior painted: Custom wooden blinds throughout. Easy access to the commuter rail, bus services, town center, library, elementary, middle school and all major highways.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017