21 Gerald Terrace
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Dec 20, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $349,900 | |
| Listed | |||
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Original owners,First time on the market. Built in 1959 with some high ticket items replaced. This estate is a 4 bedroom 2.5 bath tri-level home. Offers an amazing layout but in need of updating. Double entry foyer leads to family/game room with sliders to enclosed sun room overlooking 32x16 in-ground pool. On the other side with beautiful hard wood flooring under shag carpet is an L Shaped Living room/Dining room. Cozy eat in kitchen with full appliance package. Next level offers 3 bedrooms and an adorable full bath. 3rd level is the entire master suite with full bath/stall shower. One car attached garage and workshop area is just another perk to what can be a stunning,loving home. Bring your inner designer and update this home with great bones and bring it into the 21st century. The manager has listed the unit size as 1830 square feet.
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| Aug 21, 2017 | Listed by Gloria Nilson & Co. Real Estate | $325,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017