2404 Gabriel Drive
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 |
|---|---|---|---|
| Mar 21, 2022 | Sold | ||
| Sold | |||
| Feb 16, 2022 | Listed by Redfin Corporation | $345,000 | |
| Listed by Redfin Corporation | |||
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Deadline for offers is Monday, the 19th at 6pm. Lovely home in McKinney ISD with open floor plan. Kitchen has tile flooring, crown molding, & large basin sink. Cozy breakfast nook for meals with the family! Living area has wood floors, crown molding & ceiling fan with wood flooring extending throughout the hallway. The beautiful crown molding is carried through the primary bedroom with huge WIC. Spacious en-suite features separate tiled shower and garden tub. Two car garage has low-maintenance epoxy flooring. Oversized patio with stamped (stone look) concrete and pergola perfect for outdoor gatherings. Seller may be present during showings but will wait outside. Seller needs 2 week leaseback.
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| Mar 12, 2020 | Sold | ||
| Sold | |||
| Jan 13, 2020 | Listed by Epic National Realty, LLC | $234,900 | |
| Listed by Epic National Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017