21 Gleason Rd
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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by Gibson Sotheby's International Realty | $998,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Mid-century ranch with unlimited potential, offers a unique opportunity for buyers, builders, and renovators alike! Nestled in Lexington’s sought-after “Manor” neighborhood, this charming home sits on a glorious 17K+ sf level lot, providing privacy and open space. Maintained and cherished by the same family since 1959, it features 3 bedrooms, a front-to-back living room, convenient eat-in kitchen, hardwood floors and central air conditioning. Breezeway connects the main house to the attached garage, and a large storage shed. There is a full, heated lower level with another fireplace and half bath, offering potential living and storage space. This prime location and large, spacious lot would also be attractive for a teardown, renovation or expansion project. Near the Lexington/Bedford line, and easy access to the Minuteman Bike Path. Explore the possibilities and make this property yours today! Offers due Tuesday, July 23rd by 1 PM.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017