229 Gingerbrook Lane
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 |
|---|---|---|---|
| Jul 12, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $300,000 | |
| Listed | |||
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Great location in Gingerbrook Subdivision, walking distance to Library, Aquatic and Fitness Center, 4th of July Carnival & Fireworks plus the Train Station! Master Bath & Hall Bath new ceramic flooring, Corian sink tops. Partially finished basement with office. Nice Hardwood flooring throughout. Furnace about 2 yrs new, A/C 7 yrs, hot water tank 3 yrs. Roof & siding about 5-6 yrs old. Pool as-is or seller can take it with him!The manager has listed the unit size as 2281 square feet.
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| May 20, 2017 | Listed by RE/MAX All Pro | $300,000 | |
| Listed by RE/MAX All Pro | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017