22 Gilbert Lane
About This Property
(25 x 12 ) overlooking the amazing Level Land! One of the Best Blocks in Putnam Valley... Two Acres of Flat Land-
A Brick Oven to make your own pizzas ! Wow- What else you ask? Awesome Land to Play Ball, Fire pit to shoot the breeze with a cocktail or coffee in hand, A Garden for your veggies, Room for a Pool! What else do you need?
New Biasi Furnace- Gorgeous Wood Floors Two Car Garage - Lower level (Not included in Sq Footage)... Oh and an outdoor Basket Ball court right next to the Outdoor Fire pit area.. After Playing a little ball then you can relax at the evening Fire pit! Sprinklers in Furnace area. Owner planted every Pine tree on the property and there's even an Oak Tree from the 911 Museum Memorial! Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
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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%.
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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.
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 15, 2021 | Sold | ||
| Sold | |||
| Jul 26, 2021 | In contract | - | |
| In contract | |||
| Jul 8, 2021 | Listed by Patricia Schiller Real Est Co. | $479,000 | |
| Listed by Patricia Schiller Real Est Co. | |||
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About Putnam
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017