246 Gregg Drive
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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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Listed by Compass | $2,488,000 | |
| Listed by Compass | |||
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Tucked away on a picturesque, tree-lined street with captivating mountain views, this beautifully remodeled home exudes modern elegance in a prime Los Gatos location! Step inside to discover gorgeous new wide plank luxury floors, along with a stunning living room featuring a large window view into the expansive sunroom offering an additional 200 square feet of living space. The versatile, flowing layout is perfect for everyday living and entertaining. All-new gourmet kitchen is a chef's dream, featuring beautiful new custom cabinetry, sleek porcelain countertops with mitered edge finish, brand new top-of-the-line appliances and a large island breakfast bar. The inviting family room, dining room combo is complete with a statement wood-burning fireplace. Four spacious bedrooms, highlighted by a large master suite with sunroom access and fully remodeled bathroom. Freshly landscaped front and back yard with all new sod adds to the home's appeal. Located near award-winning schools, Union Middle and Leigh High School and close to shopping, dining and freeway access. Experience the ultimate in modern living with this Los Gatos stunner!
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| Apr 29, 2024 | Listed by Compass | $2,010,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017