42
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201 GARY AVENUE
About This Property
Recent updates provide peace of mind, including a Metal roof on the two car garage and guest house, a NEW tankless water heater, a NEW mini-split system, and NEW 200-amp electrical panel in the guest quarters. Gas is available at site for cooking and the home is on public sewer. A full-length engineered metal canopy system, approximately a $30,000 investment, provides structural coverage over the main home, carport for boat dry storage, motorcycles, golf carts, or vehicles adding protection and long-term value.
Inside, the main residence offers a warm and inviting feel with hardwood flooring in main areas, a spacious concrete block living room addition, and a primary bedroom featuring a cedar walk-in closet. An ADA ramp provides convenient access to the main home. Outdoor spaces are designed to embrace the waterfront setting, from a brickwork patio and an upper deck overlooking the canal - to the lower sea wall with boat lift and storage shed for all your fishing gear in the boathouse.
Direct access to the ICW. This unique property seamlessly combines incredible waterfront utility with comfortable living. Don't miss your chance to own a piece of Old Florida charm!
Search for the video by address online or click through the 3D tour attached to the listing! All information is deemed accurate but should be verified by buyer.
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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 9, 2026 | Price Decreased |
$419,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Apr 10, 2026 | Price Decreased |
$429,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Mar 2, 2026 | Listed by LOCAL LIVING REALTY GROUP | $434,000 | |
| Listed by LOCAL LIVING REALTY GROUP | |||
| Nov 21, 2022 | Sold | ||
| Sold | |||
| Jul 17, 2022 | No longer available | - | |
| No longer available | |||
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About Indian Harbor Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017