2040 Galbreth Road
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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 11, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Jul 6, 2024 | Listed by Remax Dream Properties | $1,299,000 | |
| Listed by Remax Dream Properties | |||
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Nestled behind the quintessential picket fence, this Cape Cod gem combines timeless charm with contemporary upgrades in the tranquil neighborhood of Northeast Pasadena. Beautifully maintained 2-bedroom, 1.5-bathroom residence measures 1,633 SF and sits on an expansive 7,500 lot, offering ample space and a serene retreat from city life and beyond.Past the brick paved walkway and darling front porch, step inside to discover honey colored hardwood floors that flow throughout, accentuated by crown moldings and stylish country farm doors. The impressive living room exudes warmth with its classic wood-burning fireplace, recessed lighting, and large built-in bookcase. Host intimate dinners in the sophisticated formal dining room, framed by a picturesque window that brings in an abundance of natural sunlight. The primary bedroom is a private retreat, complete with a dressing area and vanity for added convenience while the second bedroom includes private access to a half bathroom. The updated kitchen is a culinary haven, featuring ample counter space, a breakfast bar, a wine fridge, and a walk-in pantry, all complemented by newer appliances. The cozy sunroom adjacent to the kitchen offers the perfect nook for a family area, home office or reading room allowing easy access to the lush English gardens, making al fresco dining a breeze.As you step into the backyard, you're greeted by a remarkable setting bathed in the warm glow of string lights draped between the trees. The soft illumination casts a magical ambiance for memorable evening gatherings. A beautifully paved patio serves as the centerpiece of the space, adorned with comfortable outdoor seating, all arranged for family feasts and festive meals, complete with the enchanting backdrop of a secret garden.The spacious two-car detached garage features an additional bonus room, suitable for a home office, gym, or creative studio, offering flexibility beyond the main living area. (Note: Bonus room square footage is not included in the home's total square footage.) This residence seamlessly blends elegance with modern living. Don't miss your chance to own a slice of Northeast Pasadena's happily ever after!
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| May 2, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017