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24 Gilbert Place
About This Property
Inside, original details abound. The first floor showcases pickled oak woodwork and oak floors, with the warmth continuing upstairs in the hallway, while the bedrooms feature classic pine flooring. The entry parlor is centered around a striking tapestry fireplace with a wood-burning stove and inglenook seats, adding character and comfort. The living room and dining room have coffered ceilings. The kitchen blends modern function with craftsmanship, offering Corian counters and hand-crafted hickory cabinets.
Purchased by the current family in 1979, they are only the third to call this home their own. While the property would benefit from some cosmetic updates, it stands as a rare opportunity to own a home with enduring history, craftsmanship, and charm in one of Yonkers' most distinctive neighborhoods. Practical updates include gutters fitted with a leaf guard, while thoughtful ownership is evident throughout.
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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 |
|---|---|---|---|
| Jan 12, 2026 | Sold | ||
| Sold | |||
| Oct 30, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Listed by Howard Hanna Rand Realty | $600,000 | |
| Listed by Howard Hanna Rand Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017